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Days Inn Wooster 789 E Milltown Rd

60 Room Hotel Wooster, OH 44691 $3,300,000 ($55,000/Room) 12.12% Cap Rate

Investment Highlights

  • Copy Link for OM & Financials: https://buildout.com/connect/sharing/DaysInnWoosterOhio?file=2965873

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 Offering For Sale Welcome to the Days Inn Wooster Ohio, located at 789 East Milltown Road in Wooster, OH! This exceptional hospitality property is now available for purchase. With e-Merge Real Estate Commercial as your trusted partner, you can explore the endless possibilities of this well-established hotel. Please note that all materials and information provided are for informational purposes only and should be independently verified. The Days Inn Wooster Ohio offers comfortable accommodations and a wide range of amenities to cater to every guest's needs. Conveniently located in a thriving area, this property allows for easy access to local attractions, dining, and shopping destinations. As you dive into the financial analysis, demographics, and location information provided, envision the potential for success and growth in this prime hospitality offering. Remember to conduct your own due diligence and inspection to ensure a comprehensive understanding of the property's condition. Don't miss out on this exceptional investment opportunity! Contact our designated advisor, Anish Shah, at 740-972-6997 or commercial@e-Merge.com or Tom Buoni 480-316-1652 tom.buoni@e-merge.com for more information and to schedule a private showing. Own a piece of the hospitality industry in Wooster, Ohio - seize this chance to make your mark in the market. Start your journey with e-Merge Real Estate Commercial today!
- new metal roof 2019
- new electronic locks with RFID
- new carpet rooms and public area
- new guest room and public area wall finishes with knockdown
- new mattress in all rooms
- new metal bed frames
- new furniture Days Inn compliant
- new flat screen TV's all rooms
- new guest room lights
- new pool paint
- new pool tiles
- new pool salt system
- new pool automatic pH system

Property Facts

Price $3,300,000
Price Per Room $55,000
Sale Type Investment
Cap Rate 12.12%
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.49 AC
Building Size 27,060 SF
No. Rooms 60
No. Stories 2
Year Built 1995
Parking Ratio 2.14/1,000 SF
Corridor Interior

Amenities

  • Balcony
  • Business Center
  • Pool
  • Restaurant
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 2 $129.00 -
Guest Room 58 $91.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
67-02772-003
Land Assessment
$155,930
Improvements Assessment
$447,910
Total Assessment
$603,840

zoning

Zoning Code C-5 (Hotels)
C-5 (Hotels)
  • Listing ID: 31713226

  • Date on Market: 5/6/2024

  • Last Updated:

  • Address: 789 E Milltown Rd, Wooster, OH 44691

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