804 S Leonard Ave - Hospitality FOR SALE
Lima, OH 45804 |
804 S Leonard Ave
Lima, OH 45804
HIGHLIGHTS
- Strong Financial Performance – The property generated $1.65M in total revenue and $614K in NOI (37.3% margin) in 2024, reflecting efficient operations
- Operating Metrics – The hotel achieved a 69.7% occupancy rate, $87.51 ADR, and $61.02 RevPAR in 2024, demonstrating rate stability and strong demand
- Prime Location – Strategically positioned off I-75, ensuring high visibility and accessibility for business and leisure travelers.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Country Inn & Suites by Radisson, Lima
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
42354
STORIES
3
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
2007
PARKING SPACES
94
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
Commercial
APN/PARCEL ID
47-05-00-01-008.003,47-05-06-01-002.000
