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1401 E Mall Dr
Holland, OH 43528

$3,450,000 USD

Hotel For Sale  •  42,952 SF

Property Details

• Property Type Hotel
• Total Building Size 42,952 SF
• Lot Size 3.08 AC
• Building Class B
• Year Built 1989
• Tenancy Single
• Zoning 19-C2

0 Transit Score

30 Walk Score

Highlights

Extensive Renovations: Over $400K in franchise-mandated improvements completed between 2023 and 2024.

Market Stability: The local market exhibits resilience, with strong occupancy rates and demand drivers, supported by ongoing investments in the region

Strong NOI Performance: Achieved a 31% NOI margin through September 2024, reflecting efficient operations and cost management

Amenities

• Business Center
• Fitness Center
• Pool
• High Speed Internet Access
• Patio
• Meeting Event Space
• Public Access Wifi

Public Transportation

Commuter Rail	Drive	Walk	Distance
Toledo (Capitol Limited - Amtrak, Lake Shore Limited - Amtrak)	16 min	-	8.9 mi
Airport	Drive	Walk	Distance
Eugene F Kranz Toledo Express	24 min	-	10.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	124
Type:	Surface
Included in Rent:	Yes