40 New Garver Rd - Hospitality FOR SALE


Monroe, OH 45050
$3,199,990 USD
714-349-6649
40 New Garver Rd, Monroe, OH for Sale
$3,199,990 USD
Hospitality - FOR SALE
1/6
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40 New Garver Rd
Monroe, OH 45050


OVERVIEW

Baymont by Wyndham Monroe Ohio at 40 New Garver Rd, Monroe, OH 45050 presents an exceptional hospitality investment opportunity in a strong Southwest Ohio corridor. Offered at $3,199,990, this 49-room flagged hotel features approximately 21,116 square feet on 1.65 acres, delivering an attractive price per key of $65,306. Originally built in 1993 and renovated in 2012, the two-story property offers a well-maintained lodging asset with inviting guest rooms, updated interiors, a welcoming lobby/lounge area, breakfast seating, and fitness amenities. The site includes a parking ratio of 1.22 spaces per room, supporting efficient guest access and operations. Positioned in Monroe between Cincinnati and Dayton, the property benefits from a growing surrounding consumer base and affluent area demographics, with average household incomes exceeding $119,000 within one mile and over $134,000 within five miles. This branded hotel offering combines recognized franchise value, functional scale, and a strategic location—making it an appealing opportunity for investors seeking an existing hospitality asset with upside in a desirable Ohio market.

FOR SALE DETAILS

PRICE

$3,199,990 USD

PRICE/SF

$152 USD /SF

# OF ROOMS

49

PRICE/ROOM

$65,306 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Baymont by Wyndham Monroe Ohio

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1993

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.65 AC

LAND SF

72,005 SF

ZONING

N/Av, Monroe

APN/PARCEL ID

C1800-009-000-040

ASK ABOUT THIS PROPERTY

Silvestre Madrigal JrC21 AllStars, Commercial & Investment GroupMore Info
714-349-6649

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Silvestre Madrigal JrC21 AllStars, Commercial & Investment GroupMore Info
714-349-6649

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