Two-Story Hotel with 74
For Sale
Contact for pricing
1300 YOUNGSTOWN WARREN RD, Niles, OH 44446
Two-story Days Inn by Wyndham in Niles, Ohio with 74 rooms, offered for sale.
Property Size34,315 SF
Price / SF$58.28
Days on Market129
Property Features for 1300 YOUNGSTOWN WARREN RD
General Information
Standard status
Active
Size
34,315 SF
Total Parking Spaces
58
Property subtype
Hospitality
Zoning
MOTEL/TOURIST CABINS
Additional Details
Business Included
Yes
Building Details
Year Built
1961
Year Renovated
2008
Stories
2
Units
74
Listing Agency:
Bracket Real Estate, Inc
Listed By:
Josh Oswald · License #810564
Source:
Crexi
Added: May 4
Changed: Sep 6
Last Checked: Sep 9 at 5:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bracket Real Estate, Inc
Investment Insights
Based on property information with market context.
This two-story hotel offers 74 guest rooms as a Days Inn by Wyndham branded property. The asset is presented for sale as a hospitality operation, with an emphasis on owner-operator or investor use.
The property is located at 1300 Youngstown Warren Road in Niles, Ohio, situated on a retail and commercial corridor.
With its 74-room layout and established brand affiliation, the offering is designed for buyers seeking a stabilized hospitality asset within the Youngstown-Warren market.
The property is located at 1300 Youngstown Warren Road in Niles, Ohio, situated on a retail and commercial corridor.
With its 74-room layout and established brand affiliation, the offering is designed for buyers seeking a stabilized hospitality asset within the Youngstown-Warren market.
Key Highlights
- Two‑story Days Inn by Wyndham hotel in Niles, Ohio
- 74‑room lodging facility
- Year built: 1961
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$110,022
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.50%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,200,440
$2.2M
Cap Rate 7%
$1,571,743
$1.6M
Cap Rate 9%
$1,222,467
$1.2M
Market Conditions
NOI Build-Up for 34,315 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$514.7K $15.00/SF
− Vacancy
−$283.1K −$8.25/SF
EGI
$231.6K $6.75/SF
− OpEx
−$121.6K −$3.54/SF
NOI
$110.0K $3.21/SF
Area
Trumbull County, OH
Vacancy
55.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,200,440
Cap Rate 7%
$1,571,743
Cap Rate 9%
$1,222,467
Alternative Uses
Best Use
Hotel Hospitality
$1.57M
$1.38M – $1.83M
NOI $110,022 @ 7.0% cap · market cap 5.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.51M
$5.70M – $7.60M
NOI $455,923 @ 7.0% cap · market cap 22.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
432
Businesses Nearby
Explore this area
Business Placement
Demographics for 44446, OH
20,173
Population
10,476
Households
1.9
Avg Household Size
44
Median Age
21%
College-Educated
92%
High-School Grad
14.0 sq mi
ZIP Area
1,441
Density / Sq Mi
$49,779
Median Household Income
$35,596
Median Earnings
$786
Median Rent
$108,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - Two-story Days Inn by Wyndham in Niles, Ohio with 74 rooms, offered for sale.
Where is this hotel located?
The property is located at 1300 YOUNGSTOWN WARREN RD Niles, OH.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Two‑story Days Inn by Wyndham hotel in Niles, Ohio; 74‑room lodging facility; Year built: 1961
