383 E Leffel Ln - Hospitality FOR SALE


Springfield, OH 45505
$6,399,990 USD
323-496-9736
383 E Leffel Ln, Springfield, OH for Sale
$6,399,990 USD
Hospitality - FOR SALE
1/11
null | Request Cap Rate

383 E Leffel Ln
Springfield, OH 45505


OVERVIEW

Seize a remarkable hospitality investment with the Quality Inn & Conference Center by Choice Hotels, strategically located at 383 E Leffel Ln, Springfield, OH 45505. Offered at a competitive list price of $6,399,990—representing an attractive $42,667 per key and just $62.81 per square foot—this expansive commercial asset provides a robust footprint for high-yield hospitality operations. Originally constructed in 1972 and significantly renovated in 2010, the two-story property spans 101,898 square feet of building space situated on a massive 7.03-acre lot zoned Type 410. The hotel features a generous inventory of 150 rooms, utilizing comfortable king and double-queen layouts perfectly suited for business travelers, families, and tour groups alike. Beyond standard accommodations, the property delivers an array of premium, revenue-generating amenities, including versatile conference facilities, a dedicated breakfast buffet area, a large indoor pool pavilion, and a lively on-site lounge equipped with billiards and custom wall murals. Logistical success is built right into the infrastructure with a stellar parking ratio of 1.61 spaces per room, totaling 241 dedicated spaces to effortlessly handle large-scale events and high occupancy. Positioned in a visible regional corridor, the property taps into a strong local economy with a 5-mile radius population of 68,544 and an average household income reaching $71,645, ensuring a resilient baseline of regional demand

FOR SALE DETAILS

PRICE

$6,399,990 USD

PRICE/SF

$63 USD /SF

# OF ROOMS

150

PRICE/ROOM

$42,667 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quality Inn and Conference Center

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1972

PARKING SPACES

241

LAND DETAILS

LAND ACRES

7.03 AC

LAND SF

306,227 SF

ZONING

410

APN/PARCEL ID

30-50700-03220-0012

ASK ABOUT THIS PROPERTY

Silvestre Madrigal JrC21 AllStars, Commercial & Investment GroupMore Info
323-496-9736

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Silvestre Madrigal JrC21 AllStars, Commercial & Investment GroupMore Info
323-496-9736

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