1951 Broad Ave - Hospitality FOR SALE


Findlay, OH 45840
$4,600,000 USD
248-931-7694
1951 Broad Ave, Findlay, OH for Sale
$4,600,000 USD
Hospitality - FOR SALE
1/5
null | 14.72% Cap Rate

1951 Broad Ave
Findlay, OH 45840


HIGHLIGHTS

  • The only Wyndham-branded hotel in the area, offering a competitive advantage and strong brand recognition to attract loyal guests.
  • Situated directly off I-75, providing excellent visibility and easy accessibility for travelers, ensuring consistent demand.
  • Revenue increased from $1.10M in 2022 to $1.55M in 2023, driven by higher ADR and occupancy.

OVERVIEW

The Super 8 by Wyndham Findlay is a 114-room, two-story hotel built in 1986 and renovated in 2022. It sits on 2.38 acres at 1951 Broad Ave, Findlay, OH 45840, conveniently located off Interstate 75. This property is currently the only Wyndham-branded hotel in the area. The hotel offers several common area amenities, including a business center, guest laundry facilities, and complimentary breakfast. Findlay, known as the "Flag City, USA," is a vibrant city located in northwest Ohio. As the county seat of Hancock County, it boasts a rich history and a strong sense of community. The city is home to diverse industries, including manufacturing, agriculture, and healthcare, with notable employers such as Marathon Petroleum Corporation headquartered there.

FOR SALE DETAILS

PRICE

$4,600,000 USD

PRICE/SF

$185 USD /SF

# OF ROOMS

114

PRICE/ROOM

$40,351 {currency}

CAP RATE

14.72%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Super 8 by Wyndham Findlay

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1986

PARKING SPACES

114

LAND DETAILS

LAND ACRES

2.38 AC

LAND SF

103,673 SF

ZONING

C-2

APN/PARCEL ID

61-0001003524

ASK ABOUT THIS PROPERTY

Jasnayak SohiThe Sohi GroupMore Info
248-931-7694

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Jasnayak SohiThe Sohi GroupMore Info
248-931-7694

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