Investment Overview

Marcus & Millichap is proud to present the Country Inn & Suites in Macedonia, Ohio. The hotel has 54 rooms constructed in 2000 and is located in Macedonia, Ohio which is a less than half an hour from Downtown Cleveland and Akron.The property is a 3- story interior corridor hotel with significant upside through a PIP completion estimated around $400,000 which will increase ADR to $100.12 in 2025. The hotel may be eligible for $110,000 in Key money from Choice Hotels. The hotel upon completion of PIP is expected to achieve$1.36M in revenues and a net operating income of $522,867 or 3 times Room revenue. The hotel with its healthy RevPAR and manageable room count is perfect for an owner operator investor.