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    OFF-MARKET
    Hospitality properties

    9790 Clark Dr, Rossford, OH 43460

    1.74 ac lot Built 2008
    Property ID
    Property summary
    AI-generated overview

    This 79-key Country Inn & Suites hotel in Rossford, Ohio, presents a compelling investment opportunity. Built in 2008, this three-story, fee-simple property sits on 1.74 acres and boasts a prime location at the intersection of I-75 and the Ohio Turnpike (I-80/90), experiencing over 192,000 vehicles per day. The hotel currently generates approximately $1.67 million in annual room revenue, despite underperforming its competitive set. A planned property improvement plan (PIP) estimated at $700,000 will address case goods and cosmetic room and bathroom upgrades, projected to boost revenue beyond pre-COVID levels of $1.85 million and position the hotel for significant growth. Recent renovations include exterior painting, floodlights, common area modernization, new fitness equipment, and guest room upgrades. Amenities include an indoor heated pool, fitness center, business center, and laundry facilities. The hotel benefits from proximity to major demand generators, including the GM Plant, University of Toledo, ProMedica Hospital Systems, Owens-Illinois, FCA US LLC, Owens Corning, and numerous manufacturing and industrial businesses. Furthermore, it's conveniently located near the Toledo Zoo & Aquarium, Downtown Toledo, Bowling Green University, and the University of Toledo. The property is being offered via auction, with a starting bid of $1,750,000. This represents a chance to acquire a well-located, recently constructed hotel with significant upside potential.

    Property profile
    Verified
    Property type Hospitality properties
    Year built 2008
    Lot 1.74 ac (75,794 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Country Inn & Suites by Radisson, Toledo South, OH Hotel & Motel
    • Pharmacy Pharmacy
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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