Holiday Inn - Mentor, OH

$16,000,000

About the Property

  • Year built 1973   Units 132
    Year renovated 2021   Corridor Interior
    Building Concrete   HVAC Individual PTAC units
    Roof

    Flat

      Land size 7.3478 acres
             

Financial Highlights

  • Room Revenue $4,258,890   Occupancy 75.9%
    Food & Beverage Revenue $373,312   ADR $115.87
    Other Revenue $295,933   RevPAR $88.15
    Total Revenue $4,928,135   Capitalization Rate 9.17%
    NOI $1,467,921      
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Amenities

  • Restaurant (leased)
  • Banquet halls (2)
  • Meeting rooms (4)
  • Indoor pool
  • Fitness center
  • Elevators (3)

     

Exclusively Represented By

Laurel Real Estate Co.

Errol D'Souza

Principal Broker

(740) 965-1966

edsouza@laurelsales.com

Contact Us

info@laurelsales.com
PO Box 284
Galena, OH 43021
+1 (740) 965-1966