Mitchell Glasson and Luke Whittaker of Matthews Real Estate Investment Services™ are pleased to present the opportunity to acquire the 114-room Quality Inn located in Lima, Ohio. This cash-flowing asset offers immediate yield with operational upside, making it an attractive investment for buyers seeking stable returns and long-term flexibility.
The hotel has delivered consistent performance backed by a broad and dependable demand base. Located directly off Interstate 75 and just minutes from downtown Lima, the property draws from a strong mix of corporate, industrial, medical, and educational demand. Major demand drivers include the Lima Refining Company—one of the largest oil refineries in the Midwest—Procter & Gamble’s manufacturing plant, Lima Memorial Health System, and the University of Northwestern Ohio.
The existing Choice Hotels license expires in 2027, giving future ownership the option to rebrand or reposition the asset to suit their investment strategy. This, combined with operational improvements and refreshed management, presents a compelling path to increased NOI.
With 114 rooms and strong connectivity to the I-75 corridor, this offering provides an excellent opportunity to acquire a performing, branded asset in a stable Midwest market with diverse economic anchors and consistent lodging demand.
Matt Wallace
License No. REC.2022007141 (OH)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
950 Main Ave.,
Suite 510, Cleveland, OH 44113