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130 Montrose West Ave
Copley, OH 44321
Baymont Inn & Suites and Super 8 (Akron MSA) · Hospitality Property For Sale · 149,087 SF
PROPERTY FACTS
Property Type | Hospitality | No. Stories | 2 |
Property Subtype | Hotel | Year Built/Renovated | 1989/2015 |
Building Class | C | Tenancy | Single |
Lot Size | 3.54 AC | Parking Ratio | 0.8/1,000 SF |
Building Size | 149,087 SF | Corridor | Interior |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 3.54 AC |
Building Size | 149,087 SF |
No. Stories | 2 |
Year Built/Renovated | 1989/2015 |
Tenancy | Single |
Parking Ratio | 0.8/1,000 SF |
Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
About 130 Montrose West Ave , Copley, OH 44321
The Baymont Inn & Suites and Super 8 is a dual branded hotel opportunity located 130 Montrose West Avenue in a suburb of Akron known as Copley Township, Ohio (the "Property" or "Hotel"). The hotel is a two-story, interior corridor, 126-room hotel that presents investors an opportunity to acquire a well-positioned asset that was recently renovated and rebranded. Built in 1989, and recently renovated in 2015, the dual branded Hotel is comprised of a 62-room Baymont Inn & Suites, Building A, and a 64-room Super 8, Building B. The Baymont Inn & Suites and Super 8 have a ±65% blended occupancy rate. The Property is situated on a single parcel totaling ±3.5362 AC and offers guests ±131 parking spaces. The Hotel features complimentary breakfast, business center, conference center (±1,997 SF), high speed internet, and fitness center. Most hotel rooms offer a desk, ironing board, hair dryer, microwave, mini-refrigerator, coffee/tea maker, and flat-screen HDTV; Some suites come equipped with kitchenette and cook-top, ideal for extended stays. Copley Township is one of the nine townships of Summit County, and is a suburb of Akron, Ohio. The Property is located in on a main commercial thoroughfare and in 2018 has approximately ±55,667 individuals residing within a five-mile radius of the property with an average household income of ±$102,435. In 2018, the total specified consumer spending within a 5-mile radius of the Property accounts for ±$664,242 and there are ±3,718 businesses and ±40,649 employees. The Hotel is within Copley, located off Exit #137A on I-77 and offers convenient to Akron and its business and financial districts. The proximity to FirstEnergy Corporation, Sterling Jewelers, YRC Freight, and Summa Health System facilities makes this Property a top choice for business travelers in greater Akron. The Property is located near top-name entertainment at Blossom Music Center and Akron Rubber Ducks baseball games at Canal Park. Other nearby attractions include the University of Akron, Stan Hywet Hall & Gardens, Hale Farm & Village, InfroCision Stadium-Summa Field, and the Akron Civic Theatre. Additionally, the Property benefits from its location within close proximity to a variety of retail and dining options within the immediate vicinity. The Baymont Inn & Suites and Super 8 offers investors the opportunity to purchase a dual branded interior corridor hotel with a suburb of Akron with upside potential and future value-add.
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PROPERTY TAXES
Parcel Number | 17-02023 | Improvements Assessment | $802,806 |
Land Assessment | $398,958 | Total Assessment | $1,201,764 |
PROPERTY TAXES
zoning
Zoning Code | C4, Copley |
C4, Copley |
Learn More About Investing in Hospitality Properties
Listing ID: 14191572
Date on Market: 10/25/2018
Last Updated:
Address: 130 Montrose West Ave, Copley, OH 44321
The Hospitality Property at 130 Montrose West Ave, Copley, OH 44321 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.