Overview
The Days Inn Amherst is an 80-room, two-story hotel that includes a manager’s apartment and sits on 2.44 acres. Located at 934 N Leavitt Road, Amherst, OH 44001, off of Ohio State Route 2 & Interstate-90. Current ownership has began their PIP, roughly an estimated $100K-$150K remains. The hotel offers various common area amenities, including meeting space, breakfast area, an outdoor pool (Currently closed).
Investment Highlights
85-room, two-story interior/exterior corridor hotel, built in 1972, partially renovated in 2024.
Located off Ohio State Route 2 and Interstate-90, 30 miles from Cleveland and Sandusky.
2023 Revenue: $1,130,953 | REVPAR: $35.53 | NOI: $425,410 (38% Margin)
CAP Rate: 11.19% | Revenue Multiplier: 3.3x
Operated by absentee ownership with upside for active management.
PIP Status: $150K remaining; $120K Wyndham incentives available upon completion.
Photo Gallery
