Days Inn by Wyndham Niles 1300 Youngstown Warren Rd

The Days Inn is a 74 room, 2 story interior and exterior corridor hotel, located in Eastern Ohio just North of Interstate 80. The hotel has been owned by the same family for over 40 years.
There is a 2 bedroom manager's apartment in the 1st building with kitchenette and dining area, making the hotel perfect for an owner-operator. The Seller says approximately $100,000 was spent renovating the hotel, including carpet in guest rooms and hallways and other capital expenditures. There are doors on the 2nd floor to balconies as well.
The Seller mentioned that there is conversion opportunity and incentives available to move to the Red Roof flag. Also, revenues in 2023 were affected by water not being available due to a city main water break for 3 days in August, and a circulation pump affecting 25 rooms A/C units in the summer months.
Niles, Ohio's economy is powered by manufacturing, retail, healthcare, education, tourism, and transportation. These sectors create jobs and drive local spending, sustaining the city's growth and development. Some major employers nearby include the General Motors Lordstown Complex in nearby Lordstown, Mercy Health providing healthcare services, Vallourec Star steel pipe manufacturing in Youngstown, Youngstown State University, Giant Eagle supermarket chain, and local government entities. Additionally, various retail chains, restaurants, and hotels in the area also contribute significantly to local employment.