Skip to main content

Hotel-Motel

Country Inn & Suites Macedonia

7820 Capital Blvd, Macedonia, OH 44056

Listing Price: $4,190,000

Cap Rate
9.96%
Number of Rooms
54
RevPAR
$62
Gross SF
24,829
Price/Room
$77,593
RRM
3.44
Price/Gross SF
$168.75
Year Built
2000

Investment Overview

Marcus & Millichap is proud to present the Country Inn & Suites in Macedonia, Ohio. The hotel has 54 interior corridor rooms and is located in Macedonia, Ohio which is a less than half an hour from Downtown Cleveland and Akron.

Investment Highlights

  • The property is absentee ownership with significant upside through a PIP completion estimated around $400,000 which will increase Occupancy while matching ADR of comp set to $97.
  • Upon completion of PIP, the hotel is expected to generate room revenues in excess of $1.35M with an Occupancy of 67% and $97.89 ADR.
  • The Country Inn & Suites Macedonia is 4 miles from Brandywine Ski Resort.

Exclusively Listed By

Financing By

Hotel-Motel

Country Inn & Suites Macedonia

Listing Price: $4,190,000

Cap Rate
9.96%
Number of Rooms
54
RevPAR
$62
Gross SF
24,829
Price/Room
$77,593
RRM
3.44
Price/Gross SF
$168.75
Year Built
2000

Investment Highlights

  • The property is absentee ownership with significant upside through a PIP completion estimated around $400,000 which will increase Occupancy while matching ADR of comp set to $97.
  • Upon completion of PIP, the hotel is expected to generate room revenues in excess of $1.35M with an Occupancy of 67% and $97.89 ADR.
  • The Country Inn & Suites Macedonia is 4 miles from Brandywine Ski Resort.

Investment Overview

Marcus & Millichap is proud to present the Country Inn & Suites in Macedonia, Ohio. The hotel has 54 interior corridor rooms and is located in Macedonia, Ohio which is a less than half an hour from Downtown Cleveland and Akron.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower