10 Rockridge Rd, Englewood, OH 45322-2710

This exceptional 88,882 square-foot, four-story hotel presents a compelling investment opportunity. Located in Englewood, Ohio, near the Dayton airport, this Quality Inn boasts 148 keys and underwent a complete renovation in 2024, maintaining Quality Inn brand standards. Originally built in 1974, the property sits on a 4.75-4.76 acre lot and is zoned C - Motels, offering versatile usage potential. The property features a strong pro-forma NOI of $520,000, representing a 10% cap rate on the $5,200,000 asking price. This translates to a price per key of $35,135.14 and a price per square foot of $58.50. Financial records indicate positive revenue trends with significant upside potential for increased occupancy and average daily rate (ADR). The property's prime location near major transportation routes and its established presence in a thriving commercial market contribute to its strong investment potential. Minimal property improvement plan (PIP) is anticipated if the Quality Inn franchise affiliation is continued. Ample parking is available for guests and visitors. The well-maintained interior and attractive exterior enhance the property's appeal. This fee-simple acquisition offers diverse opportunities for alternative utilization, making it an attractive investment for both experienced and emerging investors seeking a strong return in the Dayton, Ohio market. The property's APN is M57 00501 0059.