440-781-9561
14043 Brookpark Rd, Brook Park, OH for Sale
Hospitality - FOR SALE
1/13
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14043 Brookpark Rd
Brook Park, OH 44142


HIGHLIGHTS

  • Located less than 3 miles from Cleveland’s future NFL stadium and entertainment district.
  • Shuttle service and free parking available for Cleveland Hopkins Airport.
  • Renovation underway with completed third floor and active liquor license.
  • Adjacent parcel included for expansion or additional income.
  • Strong ADR performance with upside from occupancy growth.

OVERVIEW

Positioned just 2.5 miles from both Cleveland Hopkins International Airport and the future Cleveland Browns NFL stadium, the Travelodge by Wyndham Cleveland Airport offers a compelling value-add investment opportunity. This 125-room, five-story hotel sits on a combined 2.72-acre site and includes an adjacent 0.58-acre parcel ideal for future development. With free parking, shuttle service to the airport, and proximity to major demand generators like the IX Center, NASA Glenn Research Center, and regional employers, the property is well-suited to capture both transient and corporate travel. The hotel has averaged approximately $800,000 in annual room revenue over the past three years, despite occupancy rates hovering around 30%. Its ADR leads the competitive set, indicating pricing strength and upside potential. Renovations are underway, with the third floor completed and additional floors pending. The on-site restaurant and bar—equipped with active licenses—present further leasing and income opportunities. The current owner/operator is retiring, creating a prime opportunity for a hands-on investor to reposition the asset and capitalize on the rising demand from nearby infrastructure and entertainment developments.

FOR SALE DETAILS

PRICE

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# OF ROOMS

120

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Travelodge Cleveland Airport

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

5

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1965

PARKING SPACES

131

LAND DETAILS

LAND ACRES

2.23 AC

LAND SF

97,297 SF

ZONING

N/Av, Brookpark

APN/PARCEL ID

344-06-006

ASK ABOUT THIS PROPERTY

Chintan ShaheXp RealtyMore Info
440-781-9561

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Chintan ShaheXp RealtyMore Info
440-781-9561

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