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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.
  • Features tremendous upside with operating efficiencies, as it presents some of the best occupancy rates within its comp set.
  • In 2021, visitors generated approximately $404.5 million in total sales, an increase of 15.4% over 2019.
  • AAA 2-Diamond Approved Hotel, this property features modern rooms and suites, a fitness center, a restaurant, and pylon signage.
  • Located south of I-30 and N Lexington-Springmill Road, 10 minutes from the Mansfield Lahm Airport and Downtown Mansfield.
  • Richland County offers investors local and state performance-based incentives to assist with business costs.

PROPERTY FACTS

Sale Conditions Auction Sale
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

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)
  • Listing ID: 27591029

  • Date on Market: 1/25/2023

  • Last Updated:

  • Address: 1065 N Lexington Springmill Rd, Mansfield, OH 44906

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