Red Roof Inn * 68 Units with Interior Corridors * 11% Cap. Rate

Ohio, United States


Sale conditions: Market



Ownership: Fee Interest
Type: Hotel
Chain / Market Scale: Midscale
Brand: Red Roof Inn
No. of Keys: 68
Site Size: 5.264 AC

• 3 story, interior corridor property with 68 units and elevator: perfect size for owner-operator.
• Strong positioning within competitive set: property is consistently ranked 2nd out of 7 properties for occupancy and RevPAR.
• Low-risk investment with consistent cash flow: FY 2023 P&L shows revenue of $1,288,882 and Net Operating Income of $523,804.
• Price: $4,750,000 (11.0% capitalization rate).

• Located in Sandusky County, which is home to several major corporations including Whirlpool Corp., Revere Plastics, and Crown Battery.
• Centrally positioned near multiple diverse demand streams, including Norfolk & Southern Railroad, Whirlpool Corp., local sporting events, Cedar Point amusement park, and Ohio Turnpike.


General Property Information

Property Name:
Property Type: Hotel
Chain / Market Scale: Midscale
Brand: Red Roof Inn
Keys: 68
Building Status: Existing
No. of buildings: 1
Stories: 3
Site size: 5.264 AC
Sprinklers: Dry
Parking Type: Surface
Construction Type: Wood Frame
Year Build: 2000
Year Renovated: 2021
Room Inventory Description:

Address: 1363 West McPherson Highway, Clyde, OH 43410
Room Count: 68
Year Built: 2000
Buildings: 1 building, 3 stories
Amenities: Indoor pool, fitness center, breakfast area, meeting room, elevator
Parcel Size: 5.264 acres
Construction: Wood frame
Roof: Pitched, Shingled
HVAC: Individual PTAC units
Elevators: 1
Fire Safety: Wet and dry sprinklers

Common area amenities:

Business Center

Breakfast Area

Exercise Room

Indoor Pool

Source of Business:





Additional Links:


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

3rd Party Website


Errol Anthony D'Souza, CHB

President, Principal Broker
Laurel Real Estate Company

FL #BK3479090
OH #BRK.2002016764

740 965 1966

Lauren D'Souza-Faze

Vice President, Hotel Sales
Laurel Real Estate Company


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