2450 Dryden Rd - Hospitality FOR SALE


Moraine, OH 45439
$4,350,000 USD
317-493-0055
2450 Dryden Rd, Moraine, OH for Sale
$4,350,000 USD
Hospitality - FOR SALE
1/6
null | 11.49% Cap Rate

2450 Dryden Rd
Moraine, OH 45439


HIGHLIGHTS

  • Turnkey Property – The property has minimal outstanding PIP, as ownership has completed continuous renovations and upgrades over the past several year
  • Dayton Market Strength – The Dayton lodging market continues to strengthen, supported by institutional, medical, defense, and manufacturing demand. Wi
  • Cash-Flowing Business – As a limited-service hotel, the asset benefits from an efficient operating model. A new owner can continue to maintain an attr

OVERVIEW

Luke Whittaker and Mitchell Glasson are pleased to present an excellent opportunity to acquire the well-positioned Red Roof Inn Dayton – Moraine/University of Dayton. This 76-room exterior-corridor asset is strategically located at 2450 Dryden Road, just off Interstate 75, one of the highest-traffic corridors in the Dayton MSA. I-75 carries more than 130,000 vehicles per day through this stretch, providing exceptional visibility and easy access for both commercial and leisure travelers. The property is surrounded by major demand drivers, including the University of Dayton, Dayton Convention Center, Miami Valley Hospital, the GE Aviation EPIScenter, and Wright-Patterson Air Force Base—Ohio’s largest single-site employer. These institutions generate steady year-round lodging demand from university events, medical activity, defense contractors, and corporate travel. Dayton’s hospitality sector has continued to strengthen, supported by ongoing investment in the downtown core and the region’s robust aerospace, healthcare, and manufacturing base. The hotel has benefited from ongoing brand updates, and a new owner will have limited remaining PIP exposure relative to other assets in the segment. With stable in-place cash flow, strong highway and institutional demand, and the ability to further optimize operations under the Red Roof brand, this offering represents a compelling opportunity to acquire a valuable asset in a steadily improving Midwest market. Broker of Record Matt Wallace License # REC.2022007141 (OH) Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113 (866) 889-0550

FOR SALE DETAILS

PRICE

$4,350,000 USD

PRICE/SF

$174 USD /SF

# OF ROOMS

75

PRICE/ROOM

$58,000 {currency}

CAP RATE

11.49%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Red Roof Inn Dayton - Moraine/U of Dayton

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1975

PARKING SPACES

84

LAND DETAILS

LAND ACRES

1.68 AC

LAND SF

73,050 SF

ZONING

C

APN/PARCEL ID

J44-04101-0040,J44-04101-0063

ASK ABOUT THIS PROPERTY

Luke WhittakerMatthews Real Estate Investment ServicesMore Info
317-493-0055

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Luke WhittakerMatthews Real Estate Investment ServicesMore Info
317-493-0055

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