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1945 Southgate Pky
Cambridge, OH 43725

$2,500,000 USD

Hotel For Sale • 36,318 SF

Property Details

Property Type Hotel
Total Building Size 36,318 SF
Lot Size 9.8 AC
Building Class B
Year Built 1973
Zoning GSC

0 Transit Score

37 Walk Score

                
                    Highlights
                
                                Situated on 9.8 Acre Lot
                            
                                Priced at $26k/Key
                            
                                Absentee Managed with ADR Penetration Index of 79% | Occupancy Penetration Indices of 92% and 122% (2022 & 2023 respectively)
                            
                                Upside for Owner-Operator who can Enact Aggressive Sales & Rate Management Strategy
                            
                                Includes Banquet Meeting Space, providing additional Revenue Stream
                            
                                Partial PIP Completed - Solar Panels Paid off, which decreases Utility Costs

Amenities

Pool
Restaurant
On-Site Bar

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	120
Type:	Surface
Included in Rent:	Yes

Jigar Desai 520-664-4091 NewGen Advisory

1945 Southgate Pky Cambridge, OH 43725

$2,500,000 USD

Property Details

Highlights

Amenities

Parking Details

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1945 Southgate Pky
Cambridge, OH 43725