22115 Brookpark Rd - Hospitality FOR SALE


Cleveland, OH 44126
$3,500,000 USD
614-450-2510
22115 Brookpark Rd, Cleveland, OH for Sale
$3,500,000 USD
Hospitality - FOR SALE
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22115 Brookpark Rd
Cleveland, OH 44126


HIGHLIGHTS

  • Turnkey Operation with Recent Renovations
  • Irreplaceable Airport Proximity
  • Strong Brand Affiliation
  • Existing Revenue Streams
  • Food & Beverage Revenue Potential
  • Meeting Space Expansion

OVERVIEW

Acquire a Fully Renovated, Turnkey Airport Hotel An exclusive opportunity to purchase the 70-room Ramada by Wyndham Cleveland Airport West, a stabilized asset with significant, multi-faceted growth potential. The Investment A De-Risked Asset Primed for Performance This offering is unique. It combines the security of a fully renovated, turnkey property with the compelling upside of untapped revenue streams and a transformative market catalyst on the horizon. An investor can bypass immediate capital expenditure and focus directly on operational strategy and growth. The 'New' Asset Comprehensive 2025 Renovation A top-to-bottom Property Improvement Plan was completed in 2025, transforming this hotel into a modern, competitive asset. The extensive upgrades significantly de-risk the investment and enhance the guest experience from arrival to departure. ? ??? Guest Room Experience ? 70 New 42" Philips Smart TVs ? 100 New Mattresses & New Bed Platforms ? All New Furniture, Drapes & Appliances ? Fully Updated Bathrooms with New Tile & LED Mirrors ? ?? Infrastructure & Exterior ? Brand New Roof (2025) ? Updated Brand Signage ? All Exterior Lighting Converted to LED ? 10 Brand New HVAC Units ??? Common Area Upgrades ? Renovated Lobby with New Seating ? Modern LED Chandelier ? Updated Breakfast Area with New Floors & Counters ? Updated Rear Stairways Immediate Upside Unlock Hidden Revenue Streams While the asset is turnkey, several on-site spaces are primed for monetization. A new operator can immediately implement plans to activate these areas, significantly boosting ancillary income and overall Net Operating Income. Bar & Restaurant Space Lease to a 3rd party or operate in-house. Meeting Space Expansion: Convert existing storage for corporate/group revenue. Premium 2-Bedroom Suite: Renovate for a high-margin extended-stay unit. Future Growth A Market-Changing Catalyst The proposed Cleveland Browns Domed Stadium, located adjacent to the airport, represents one of the most significant regional developments in decades. This project ensures a long-term, sustained increase in hospitality demand. $2.4B Domed Stadium Investment $1B Mixed-Use Development 2029: Anticipated Opening Strategic Location The hotel's prime location provides unparalleled access to the region's most critical business and leisure demand drivers, ensuring a consistent and diverse guest base beyond just airport traffic. Take the Next Step This is a premier opportunity to acquire a fully renovated, strategically located hotel with a clear path to increased profitability.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$96 USD /SF

# OF ROOMS

70

PRICE/ROOM

$50,000 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ramada by Wyndham Cleveland Airport West

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1958

PARKING SPACES

112

LAND DETAILS

LAND ACRES

3.22 AC

LAND SF

140,234 SF

ZONING

Motel

APN/PARCEL ID

331-16-008

ASK ABOUT THIS PROPERTY

Priyanshu AdathakkarRed One RealtyMore Info
614-450-2510

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Priyanshu AdathakkarRed One RealtyMore Info
614-450-2510

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