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Hotel-Motel

Cambria Hotel Akron - Canton Airport

1787 Thorn Dr, Uniontown, OH 44685

Listing Price: Request For Offer

RevPAR
$59
Year Built
2008

Investment Overview

Marcus & Millichap has been retained to exclusively market the opportunity to acquire the Cambria Hotel
Akron - Canton Airport in Uniontown, Ohio. The hotel is being offered fee simple unencumbered of debt, management, and franchise. The hotel constructed in 2008, has 108 rooms with four stories and is being offered at a significant discount to replacement cost from the original developer. The Cambria hotel is absentee managed, currently underperforming its comp set by $16 RevPar and is an excellent opportunity to increase net operating Income through operational efficiencies and capturing proper market penetration with a renewed marketing strategy, soft PIP refresh and new management.

Investment Highlights

  • Original Developer. Absentee Owned
  • Significant Upside Potential Underperforming Compset ($77.21) by 21 Percent
  • Recent Common Area Lobby Renovation $1.25 Million Capital Improvements

Exclusively Listed By

Financing By

Hotel-Motel

Cambria Hotel Akron - Canton Airport

Listing Price: Request For Offer

RevPAR
$59
Year Built
2008

Investment Highlights

  • Original Developer. Absentee Owned
  • Significant Upside Potential Underperforming Compset ($77.21) by 21 Percent
  • Recent Common Area Lobby Renovation $1.25 Million Capital Improvements

Investment Overview

Marcus & Millichap has been retained to exclusively market the opportunity to acquire the Cambria Hotel Akron - Canton Airport in Uniontown, Ohio. The hotel is being offered fee simple unencumbered of debt, management, and franchise. The hotel constructed in 2008, has 108 rooms with four stories and is being offered at a significant discount to replacement cost from the original developer. The Cambria hotel is absentee managed, currently underperforming its comp set by $16 RevPar and is an excellent opportunity to increase net operating Income through operational efficiencies and capturing proper market penetration with a renewed marketing strategy, soft PIP refresh and new management.

Exclusively Listed By

Financing By

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