Baymont Inn & Suites by Wyndham Swanton | 10753 Airport Hwy
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Baymont Inn & Suites by Wyndham Swanton 10753 Airport Hwy
52 Room Hotel Swanton, OH 43558 $2,290,000 ($44,038/Room) 11.79% Cap Rate
Investment Highlights
- Built in 2003, renovated in 2020 PIP completed for updated appeal
- Efficient airport shuttle service for guest convenience
- 54 modern units with contemporary amenities
- Convenient airport location for guest accessibility
- Strategic Northwest Ohio area for hospitality market potential
- Copy Link Here for OM & Financials: https://buildout.com/connect/sharing/BaymontInnSwantonOH?file=3251718
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 Swanton, OH. This 27,412 SF hotel property features 54 modern units with contemporary amenities, offering a perfect balance of comfort and style. Built in 2003 and recently renovated in 2020, the property shines with updated appeal and is fully compliant with brand standards. Strategically located near the airport in the Northwest Ohio area, it boasts a 411 C-Hotels zoning for versatile usage. The well-maintained infrastructure and efficient airport shuttle service further enhance its appeal to hospitality investors. Don't miss out on the potential of this prime commercial real estate opportunity.
Introducing an exceptional investment opportunity in Swanton, OH. This 27,412 SF hotel property features 54 modern units with contemporary amenities, offering a perfect balance of comfort and style. Built in 2003 and recently renovated in 2020, the property shines with updated appeal and is fully compliant with brand standards. Strategically located near the airport in the Northwest Ohio area, it boasts a 411 C-Hotels zoning for versatile usage. The well-maintained infrastructure and efficient airport shuttle service further enhance its appeal to hospitality investors. Don't miss out on the potential of this prime commercial real estate opportunity.
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
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-
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| Other Income |
-
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-
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| Vacancy Loss |
-
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-
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| Effective Gross Income |
-
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-
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| 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 | $2,290,000 | Building Size | 27,412 SF |
| Price Per Room | $44,038 | No. Rooms | 52 |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 11.79% | Year Built/Renovated | 2003/2020 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 2.3/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 2.13 AC |
| Price | $2,290,000 |
| Price Per Room | $44,038 |
| Sale Type | Investment |
| Cap Rate | 11.79% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.13 AC |
| Building Size | 27,412 SF |
| No. Rooms | 52 |
| No. Stories | 2 |
| Year Built/Renovated | 2003/2020 |
| Tenancy | Single |
| Parking Ratio | 2.3/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Shuttle Service
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 12 | $99.00 | - |
| Guest Room | 40 | $80.00 | - |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $458,465 (2023) | |
| Land Assessment | $31,535 (2023) | Total Assessment | $490,000 (2023) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$31,535 (2023)
Improvements Assessment
$458,465 (2023)
Total Assessment
$490,000 (2023)
zoning
| Zoning Code | C (411C-Hotels) |
| C (411C-Hotels) |
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Baymont Inn & Suites by Wyndham Swanton | 10753 Airport Hwy
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