714-482-3070
116 W Park Ave W, Mansfield, OH for Sale
Hospitality - FOR SALE
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116 W Park Ave W
Mansfield, OH 44902


HIGHLIGHTS

  • Quality Inn & Suites . Prime location, Ideal for Owner-Operator, Value-add opportunity

OVERVIEW

Location Overview – Mansfield, Ohio Located between Cleveland and Columbus on I-71, Mansfield is a hub for both leisure and corporate demand. Local attractions include: Ohio State Reformatory, Richland Carousel Park, Malabar Farm State Park, Kingwood Center Gardens, and Snow Trails Ski Resort. Corporate drivers: Gorman-Rupp, Hyundai Ideal Electric, AK Steel, and MedCentral Health System (largest local employer). Benefit from low operating costs, favorable business climate, and a diversified local economy. Branded Midscale Hotel Operating as Quality Inn & Suites – Choice Hotels International. Prime location in downtown Mansfield, OH. Features include a fitness center, indoor pool, business center, and 4,800 SF of flexible meeting space. Restaurant space remains (currently not operated), offering F&B reactivation potential. Unencumbered Offering Fee simple ownership. Flexible path for owner-operator or third-party operator. Expansion/Conversion Potential Unrenovated 4th floor (excluded from current room count) offers potential for: Additional rooms or suites Conference center space Extended stay or alternative lodging configuration

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

102

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quality Inn & Suites Downtown Mansfield

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

6

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1984

PARKING SPACES

146

LAND DETAILS

LAND ACRES

2.5 AC

LAND SF

108,826 SF

ZONING

C

APN/PARCEL ID

027-03-065-02-001

ASK ABOUT THIS PROPERTY

Manoj KumarFine Hospitality GroupMore Info
714-482-3070

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Manoj KumarFine Hospitality GroupMore Info
714-482-3070

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.