Interior Corridor Hotel with
35000 Curtis Boulevard Eastlake, OH 44095
For Sale
Contact for pricing
Fee simple sale of a renovated 143-unit hotel with an onsite restaurant, bar/lounge, and banquet hall.
Days on Market88
Property Features for 35000 Curtis Boulevard
General Information
- Standard status
- Active
- Property subtype
- Hospitality
Building Details
- Year Built
- 1976
Listing Agency:
Laurel Real Estate
Listed By:
Errol Anthony D'Souza · License #OH BRK2002016764
Source:
Crexi
Added: Apr 28
Changed: Jul 23
Last Checked: Jul 23 at 2:54PM
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 Laurel Real Estate
Investment Insights
Based on property information with market context.
Fee simple interest for sale in a 143-unit, interior corridor hotel property. The hotel has been meticulously renovated, including a $5 million conversion PIP completed in 2019, along with an additional $400,000 in improvements since that time.
The property operates with an onsite restaurant, bar/lounge, and banquet hall. The current owners report strong revenue and cash flow, with NOI of $1,414,067.
Within its STR competitive set, the property is ranked 4/4 for occupancy, 3/4 for ADR, and 3/4 for RevPAR, indicating an identified upside opportunity despite steady cash flow. The property is located at 35000 Curtis Boulevard in Eastlake, Ohio.
The property operates with an onsite restaurant, bar/lounge, and banquet hall. The current owners report strong revenue and cash flow, with NOI of $1,414,067.
Within its STR competitive set, the property is ranked 4/4 for occupancy, 3/4 for ADR, and 3/4 for RevPAR, indicating an identified upside opportunity despite steady cash flow. The property is located at 35000 Curtis Boulevard in Eastlake, Ohio.
Key Highlights
- Fee simple sale of a renovated 143‑unit interior corridor hotel (built 1976)
- 2019 conversion PIP completed with $5,000,000 investment, plus $400,000 in improvements since then
- Strong operating figures: room revenue $3,117,517; total revenue $3,435,326; NOI $1,414,067
Property Analytics
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FAQs
What type of property is this?
Hotel - Fee simple sale of a renovated 143-unit hotel with an onsite restaurant, bar/lounge, and banquet hall.
Where is this hotel located?
The property is located at 35000 Curtis Boulevard Eastlake, OH.
What is the asking price?
The asking price for this property is $11,900,000.
What are key features of this property?
This property features: Fee simple sale of a renovated 143‑unit interior corridor hotel (built 1976); 2019 conversion PIP completed with $5,000,000 investment, plus $400,000 in improvements since then; Strong operating figures: room revenue $3,117,517; total revenue $3,435,326; NOI $1,414,067
