9790 Clark Dr Rossford, OH 43460

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.