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Hotel-Motel

Baymont by Wyndham Northwood

2426 Oregon Rd, Northwood, OH 43619

Listing Price: $3,500,000

Cap Rate
2.52%
Number of Rooms
150
RevPAR
$17
Gross SF
190,000
Price/Room
$23,333
Price/Gross SF
$18.42
Year Built
1970

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 150-room Baymont is located in Northwood, Ohio, a suburb of Toledo. The hotel is a two-story property built in 1970 located directly off Interstate 75. Baymont by Wyndham Northwood provides the opportunity for a new owner to acquire a select-service hotel with potential to realize significant RevPAR growth through hands-on management and utilization of the Wyndham name, reservation system, and loyal base of guests.

Investment Highlights

  • Property is Located Just off I-75
  • Market has Seen a Positive Trending RevPAR
  • Opportunity for Operational Upside
  • Proximate to University of Toledo, University of Toledo Medical Center, Hollywood Casino Toledo, First Solar Inc., Chrysler Toledo Machining, and More

Exclusively Listed By

  • Scott J. Havericak

    First Vice President Investments

    (954) 245-3527

    Email Scott

    License(s): FL: SL3281416

    Fort Lauderdale

  • Robert S. Hunter

    Senior Vice President Investments

    (954) 245-3473

    Email Robert

    License(s): FL: SL3241692, AL: 00091540, NC: LC738

    Fort Lauderdale

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s) OH: BRK.2007005898

    Ohio

Financing By

Hotel-Motel

Baymont by Wyndham Northwood

Listing Price: $3,500,000

Cap Rate
2.52%
Number of Rooms
150
RevPAR
$17
Gross SF
190,000
Price/Room
$23,333
Price/Gross SF
$18.42
Year Built
1970

Investment Highlights

  • Property is Located Just off I-75
  • Market has Seen a Positive Trending RevPAR
  • Opportunity for Operational Upside
  • Proximate to University of Toledo, University of Toledo Medical Center, Hollywood Casino Toledo, First Solar Inc., Chrysler Toledo Machining, and More

Investment Overview

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 150-room Baymont is located in Northwood, Ohio, a suburb of Toledo. The hotel is a two-story property built in 1970 located directly off Interstate 75. Baymont by Wyndham Northwood provides the opportunity for a new owner to acquire a select-service hotel with potential to realize significant RevPAR growth through hands-on management and utilization of the Wyndham name, reservation system, and loyal base of guests.

Exclusively Listed By

  • Scott J. Havericak

    First Vice President Investments

    (954) 245-3527

    Email Scott

    License(s): FL: SL3281416

    Fort Lauderdale

  • Robert S. Hunter

    Senior Vice President Investments

    (954) 245-3473

    Email Robert

    License(s): FL: SL3241692, AL: 00091540, NC: LC738

    Fort Lauderdale

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s): OH: BRK.2007005898

    Ohio

Financing By

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