1065 N Lexington Springmill Rd | Mansfield, OH 44906
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1065 N Lexington Springmill Rd
Mansfield, OH 44906
Fairfield Inn & Suites Mansfield Ontario · Hospitality Property For Sale · 26,700 SF
Investment Highlights
- The Fairfield Inn and Suites Mansfield Ontario, located at 1065 N Lexington-Springmill Road, is a 60-room Class-B hotel.
- A AAA 2-Diamond Approved Hotel, this property features modern rooms and suites, a fitness center, a restaurant, and pylon signage.
- The Property has tremendous upside with operating efficiencies, as it presents some of the best occupancy rates within its comp set.
- Located South of I-30 and N Lexington-Springmill Road, the property is a 10-minute drive to the Mansfield Lahm Airport and Downtown Mansfield.
- In 2021, visitors generated approximately $404.5 million in total sales, an increase of 15.4% over 2019.
- Richland County offers investors local and state performance-based incentives to assist with business costs.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1994/2013 |
| Building Class | B | Tenancy | Single |
| Lot Size | 1.08 AC | Parking Ratio | 2.81/1,000 SF |
| Building Size | 26,700 SF | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.08 AC |
| Building Size | 26,700 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1994/2013 |
| Tenancy | Single |
| Parking Ratio | 2.81/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 038-60-318-67-001 | Improvements Assessment | $1,148,520 |
| Land Assessment | $131,970 | Total Assessment | $1,280,490 |
PROPERTY TAXES
Parcel Number
038-60-318-67-001
Land Assessment
$131,970
Improvements Assessment
$1,148,520
Total Assessment
$1,280,490
zoning
| Zoning Code | B (Business) |
| B (Business) |
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