Hampton Inn & Suites • Fast-Growing Area with Multiple Demand Generators

Ohio, United States

$6950000

Sale conditions: Market

Snapshot

Active

Ownership: Fee Interest
Type: Hotel
Chain / Market Scale: Upper Midscale
Brand: Hampton Inn
Corridor: Interior
No. of Keys: 60
Site Size: 3.30 AC

INVESTMENT HIGHLIGHTS
• 60-unit, 3-story, interior corridor property with prominent visibility along I-71 and US-36.
• Ideal location close to various leisure demand generators including Tanger Outlets and Polaris Fashion Place, multiple corporate headquarters (JPMorgan Chase, Abercrombie, Express, Cardinal Health) and The Ohio State University.
• Upside opportunity for hands-on operator: property is ranked 4 of 6 in competitive set for occupancy and RevPAR.
• Prominent signage visible from Route 36 of 37 (31,000+ daily travelers) and I-71 (32,000+ daily travelers).

MARKET HIGHLIGHTS
• Located in fast-growing Delaware County, which is projected to approach 400,000 inhabitants by 2050. It is the fastest-growing county in Ohio.
• Close to several new construction initiatives, including a new neighborhood development that will include over 1,100 single-family homes across 230 acres.
• Delaware County is quickly becoming a hub of AI and cloud infrastructure development, with major corporate headquarters (Vertiv) located nearby and several companies (Intel, Google, Meta) entering or expanding within the area.

Highlights:

General Property Information


Property Name:
Property Type: Hotel
Chain / Market Scale: Upper Midscale
Brand: Hampton Inn
Corridor: Interior
Keys: 60
Building Status: Existing
No. of buildings: 1
Stories: 3
Site size: 3.30 AC
Parking Type: Surface
Year Build: 1996
Room Inventory Description:

Address: 7329 State Route 37 East, Sunbury, OH 43074
Room Count: 60
Corridors: Interior
Year Built: 1996
Buildings: 1 building, 3 stories
Amenities: Indoor pool, fitness center, sundry shop, meeting room
Parcel Size: 3.30 acres
HVAC Individual PTAC units
Elevators 1
Fire Safety Sprinklers - full coverage

Common area amenities:

Exercise Room

Indoor Pool

Source of Business:

Transient

Corporate

Leisure

Commercial

Additional Links:

Location


Country: United States
State: Ohio
Postal Code:
APN/Parcel ID:
Location Type:
Location Overview:

3rd Party Website



Brokers

Errol Anthony D'Souza, CHB

President, Principal Broker
Laurel Real Estate Company

FL #BK3479090
OH #BRK.2002016764

740 965 1966
edsouza@laurelsales.com


Lauren D'Souza-Faze

Vice President, Hotel Sales
Laurel Real Estate Company

FL #BK3636431
OH #SAL.2022006112

380 799 6608
lauren.dsouza@laurelsales.com


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