1 of 5

2 of 5

3 of 5

4 of 5

5 of 5

•  Media
• Map
• Street View

934 N Leavitt Rd
Amherst, OH 44001

$3,800,000 USD

Hotel For Sale  •  42,654 SF

Property Details

• Property Type Hotel
• Total Building Size 42,655 SF
• Lot Size 2.44 AC
• Building Class C
• Year Built 1972
• Tenancy Single
• Zoning C 2

0 Transit Score

50 Walk Score

Highlights

PIP Status: $150K remaining; $120K Wyndham incentives available upon completion.

2023 Revenue: $1,130,953 | REVPAR: $35.53 | NOI: $425,410 (38% Margin)

80-room, two-story hotel interior/exterior corridor hotel that includes a managers apartments

Located off Ohio State Route 2 and Interstate-90, 30 miles from Cleveland and Sandusky.

CAP Rate: 11.19% | Revenue Multiplier: 3.3x

Amenities

• Meeting Event Space
• Public Access Wifi
• Smoke-Free

Public Transportation

Commuter Rail	Drive	Walk	Distance
Elyria Amtrak (Capitol Limited - Amtrak, Lake Shore Limited - Amtrak)	14 min	-	8.9 mi
Airport	Drive	Walk	Distance
Cleveland-Hopkins International	34 min	-	23.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	140
Type:	Surface
Included in Rent:	Yes