Overview
The Super 8 by Wyndham Findlay is a 114-room, two-story hotel built in 1986 and renovated in 2022. It sits on 2.38 acres at 1951 Broad Ave, Findlay, OH 45840, conveniently located off Interstate 75. This property is currently the only Wyndham-branded hotel in the area. The hotel offers several common area amenities, including a business center, guest laundry facilities, and complimentary breakfast.
Investment Highlights
Exclusive Brand Presence: The only Wyndham-branded hotel in the area, offering a competitive advantage and strong brand recognition to attract loyal guests.
Strong Revenue Performance: Revenue increased from $1.10M in 2022 to $1.55M in 2023, driven by higher ADR and occupancy. The 2024 revenue stands at $1.46M through November 30, demonstrating stability despite a partial-year report.
Consistent NOI & Operational Efficiencies: Net Operating Income (EBITDA) has averaged 43% across the reported periods. Despite a slight decrease in Gross Operating Profit (50.6% in 2023 to 47.4% in 11.2024), the property continues to deliver reliable cash flow.
Strategic Location: Situated directly off I-75, providing excellent visibility and easy accessibility for travelers, ensuring consistent demand from both business and leisure guests.
Robust Market Growth: Positioned in a region experiencing strong economic growth, driving increased tourism and business activity, further enhancing the hotel's revenue potential.
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