Super 8 Maumee/Toledo, OH 1390 Arrowhead Dr
67 Room Hotel Maumee, OH 43537 $2,175,000 ($32,463/Room) 8.21% Cap Rate
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INVESTMENT HIGHLIGHTS
- 68 Rooms
- Close Proximity to hospitals and restaurants
- Copy Link Here for OM & Financials: https://buildout.com/connect/sharing/Super8MaumeeOH?
- Great Location
- Mixture of Corporate and Leisure travel
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!!
Hospitality Investment Opportunity in Maumee, OH** Welcome to the **Super 8 Maumee (Toledo) OH**, located at 1390 Arrowhead Rd, Maumee, OH 43537! This prime hospitality property is a fantastic opportunity for investors looking to enter the thriving Maumee market. Boasting a convenient location and well-appointed amenities, the **Super 8 Maumee** offers a solid investment with great potential for growth and profitability. The property's financial analysis showcases a promising outlook, making it a lucrative venture for savvy investors. Explore the vibrant demographics and the strategic location of this property in the heart of Maumee. The advisor bios provided give you a glimpse of the expert team ready to assist you in making the most of this exceptional opportunity. Don't miss out on this chance to own a successful hospitality venture in Maumee! Conduct your due diligence and seize this investment prospect before it's gone. Contact us at e-Merge Real Estate Commercial for more information and to schedule a viewing.
Hospitality Investment Opportunity in Maumee, OH** Welcome to the **Super 8 Maumee (Toledo) OH**, located at 1390 Arrowhead Rd, Maumee, OH 43537! This prime hospitality property is a fantastic opportunity for investors looking to enter the thriving Maumee market. Boasting a convenient location and well-appointed amenities, the **Super 8 Maumee** offers a solid investment with great potential for growth and profitability. The property's financial analysis showcases a promising outlook, making it a lucrative venture for savvy investors. Explore the vibrant demographics and the strategic location of this property in the heart of Maumee. The advisor bios provided give you a glimpse of the expert team ready to assist you in making the most of this exceptional opportunity. Don't miss out on this chance to own a successful hospitality venture in Maumee! Conduct your due diligence and seize this investment prospect before it's gone. Contact us at e-Merge Real Estate Commercial for more information and to schedule a viewing.
FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
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Gross Rental Income |
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Other Income |
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Vacancy Loss |
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Effective Gross Income |
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Net Operating Income |
$99,999
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$9.99
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PROPERTY FACTS
Price | $2,175,000 |
Price Per Room | $32,463 |
Sale Type | Investment |
Cap Rate | 8.21% |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 1.50 AC |
Building Size | 30,640 SF |
No. Rooms | 67 |
No. Stories | 2 |
Year Built/Renovated | 1999/2021 |
Tenancy | Single |
Parking Ratio | 2.68/1,000 SF |
Corridor | Interior |
AMENITIES
- Business Center
- Fitness Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
---|---|---|---|
Guest Room | 67 | $87.00 | - |
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PROPERTY TAXES
Parcel Number | 35-00582 | Improvements Assessment | $295,995 (2023) |
Land Assessment | $108,290 (2023) | Total Assessment | $404,285 (2023) |
ZONING
Zoning Code | 16-CM (411C-Hotels) |