INVESTMENT HIGHLIGHTS
• Manageable footprint: Property features 60 units with interior corridors, elevator, indoor pool, fitness center, sprinklers, and 400-square foot meeting room. 23 units have full kitchens with stovetop, dishwasher, and full-size fridge. All other units have kitchenettes.
• Strong, growing room revenue and cash flow: January-August 2025 room revenue has increased 22% over January-August 2024 and is on track to exceed $1.25M for FY 2025 due to implementation of revenue optimization system.
• Multiple branding opportunities: future owner can retain existing Hawthorn Suites franchise or convert to Spark by Hilton, Candlewood Suites, Garner by IHG, Best Western, or Baymont by Wyndham. There are no Hilton branded properties within 10 miles.
• Ideal, highly-visible highway location along I-71 and I-76.


MARKET HIGHLIGHTS
• Diversified demand streams: industrial workers, local employers, weddings, military, highway travelers, and Akron overflow leisure.
• Close to several corporate headquarters in diverse industries, including Summa Health (6,500+ local employees), Akron Children’s Hospital (5,500+ local employees), Goodyear Tires (2,700+ local employees), and Signet Jewelers (1,900+ local employees).

Highlights:

Room Inventory Description:

Units: 60
Unit Breakdown:
• 37 units - 300 square feet with sink, microwave,
and mini-fridge
• 23 units - 450 square feet with sink, stovetop, dishwasher, full-size fridge, and microwave
Buildings & Stories: 1 Building, 3 Stories
Amenities: Indoor pool, fitness center, meeting room (400 square feet), sprinklers, elevator
Corridors: Interior
Year Built: 2004
Land Area: 1.63 acres
Construction: Wood frame
Heating & Cooling: Individual PTAC units
Roof: Shingle (installed in 2021)

Common area amenities:

Source of Business:

Additional Links: