248-207-6307
2939 S Arlington Rd, Akron, OH for Sale
Hospitality - FOR SALE
1/14
null | Request Cap Rate

2939 S Arlington Rd
Akron, OH 44312


OVERVIEW

Red Roof Inn 121 Rooms off the Hwy, currently hotel is closed due some legal issues, all been resolved is ready for new owners. income is average 3 years over 1.2 million. all updated with minimum Property Improvement Plans (PIPs) 4.51 acre next door to Walmart and other shopping centers. major EXIT. 120. Arlington Rd. Akron, Ohio. Fuel. Food. Lodging. Parks. Attractions / Entertainment. Shopping. Call for Offers | December 15th Offers should include: • Purchase price of the property.• Deal timing – Both Due Diligence Period and Closing Period. • Earnest Money deposit amount and timing on when it becomes non-refundable. • Assumptions on cost and timing of Change of Ownership PIP. • Discuss your source of equity and how you plan to finance the transaction. Attach to the bid any supporting materials. Proposals should be sent directly via email to joe.manuel@myrealtyselect.com

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

121

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Red Roof Inn Akron

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1989

PARKING SPACES

149

LAND DETAILS

LAND ACRES

4.51 AC

LAND SF

196,530 SF

ZONING

N/Av, Springfield

APN/PARCEL ID

51-08892

ASK ABOUT THIS PROPERTY

Joseph ManuelMy Realty LLCMore Info
248-207-6307

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Joseph ManuelMy Realty LLCMore Info
248-207-6307

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