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Quality Inn Englewood OH (Dayton Airport) 10 Rockridge Rd

148 Room Hotel Englewood, OH 45322 $5,200,000 ($35,135/Room) 10% Cap Rate

Investment Highlights

  • Exceptional investment opportunity
  • Copy Link for OM & Financials: https://buildout.com/connect/sharing/QualityInnEnglewoodOH?file=3280615
  • Prime location in Dayton (airport) Ohio area

Executive Summary

PLEASE DO NOT VISIT OR CONTACT THE STAFF, MANAGEMENT OR OWNERSHIP OF THE PROPERTY DIRECTLY. KINDLY CONDUCT ALL INQUIRIES THROUGH OUR OFFICE. THANK YOU IN ADVANCE FOR YOUR UNDERSTANDING AND COOPERATION !
Introducing an exceptional investment opportunity in the heart of Englewood, Ohio. This prestigious property presents an impressive 88,882 SF building with 148 units, ideally positioned in the thriving Dayton Ohio airport area. Built in 1974 and recently upgraded in 2024, this recently upgraded property exudes modern appeal and offers ample potential for a range of use building ventures including hospitality, MUH and health care.
Boasting a favorable C - Motels zoning, this property affords investors the flexibility to explore a variety of business opportunities. With its prime location and extensive amenities, this property stands as a compelling prospect for those seeking to secure a prominent foothold in the thriving Dayton commercial real estate market.
Quality Inn Englewood in Ohio is conveniently located off Interstate 70, providing easy access for travelers. Situated in Englewood, a suburb of Dayton, this hotel offers proximity to various attractions, businesses, and dining options. The area is known for its vibrant community and accessibility to nearby cities like Dayton.
The hotel itself likely boasts comfortable accommodations and amenities such as free Wi-Fi, complimentary breakfast, a fitness center, and possibly a pool. Quality Inn properties typically prioritize guest comfort and convenience, offering a range of services to ensure a pleasant stay. Additionally, Englewood, Ohio, being part of the greater Dayton metropolitan area, offers visitors access to a variety of activities and attractions, including parks, museums, shopping centers, and cultural events.

Data Room Click Here to Access

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $5,200,000
Price Per Room $35,135
Sale Type Investment
Cap Rate 10%
Sale Conditions Business Value Included
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 4.75 AC
Building Size 88,882 SF
No. Rooms 148
No. Stories 4
Year Built/Renovated 1974/2024
Parking Ratio 2.14/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • Room Service
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

About 10 Rockridge Rd , Englewood, OH 45322

Fee Simple Acquisition 88,882 SF 4-story building with 148 rentable units Built in 1974, renovated in 2024 with Quality Inn brand standards Positive revenue trends with capacity to further drive top line and bottom line earnings Prime location in Dayton (airport) Ohio area Versatile C - Motels zoning Minimal PIP if you choose to continue affiliation with Quality Inn franchise Ample parking for guests and visitors Well-maintained interior and attractive exterior Proximity to major transportation routes Diverse opportunities for alternative utilization Strong potential to further drive occupancy and ADR Established presence in a thriving commercial real estate market

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 148 $114.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • M57-00718-0005
  • M57-00501-0021
  • M57-00501-0059
Land Assessment
$163,830 (2023)
Improvements Assessment
$1,276,950 (2023)
Total Assessment
$1,440,780 (2023)

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 31751423

  • Date on Market: 5/9/2024

  • Last Updated:

  • Address: 10 Rockridge Rd, Englewood, OH 45322

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