Ohio, United States
Sale conditions: Market
| Ownership: | Fee Interest |
|---|---|
| Type: | Hotel |
| Sub Type: | Limited Service |
| Chain / Market Scale: | Midscale |
| Brand: | Sleep Inn |
|---|---|
| Corridor: | Interior |
| No. of Keys: | 71 |
| Site Size: | 1.9470 AC |
INVESTMENT HIGHLIGHTS
• 71 unit interior corridor property offered fee simple and unencumbered by management. Property is a small, manageable size for a first-time buyer or owner-operator.
• Sellers open to financing for investors who do not qualify for SBA funding.
• 20-year franchise available with completion of minimal PIP (seller estimate: $230k).
• Significant upside potential: December 2025 STAR Report shows that the property ranks 4 of 6 for occupancy, 6 of 6 for ADR, and 5 of 6 for RevPAR. Room revenue, adjusted per competitive set, reflects unrealized gains of over $450,000.
• Strong cash flow: property boasts a 34% NOI margin, making it an attractive target for SBA lenders. Completion of brand PIP provides opportunity to boost ADR and maximize cash flow.
• Asking Price: $4,950,000.
MARKET HIGHLIGHTS
• High Seasonal ADR Compression: Port Clinton experiences strong seasonality, with peak demand from May through
September. Leisure segments—including fishing groups, island travelers, and Cedar Point visitors—drive weekend occupancy
near capacity. This allows operators to push ADR meaningfully during peak periods, with less rate sensitivity than in off-
season months.
• Limited Branded Hotel Supply: The Port Clinton submarket has a relatively limited supply of nationally flagged hotels
compared to nearby Sandusky. This constraint reduces direct competition in the economy and midscale segments and
supports more stable occupancy for well-positioned branded assets.
• Access to Multiple Demand Generators: The property benefits from proximity to several demand nodes, including Sandusky,
Catawba Island, and the Lake Erie Islands. This positioning supports a diversified mix of leisure and overflow demand,
reducing reliance on a single source of demand.
| Property Name: | Login to view |
|---|
| Property Type: | Hotel |
|---|
| Property Sub Type: | Limited Service |
|---|
| Chain / Market Scale: | Midscale |
|---|
| Brand: | Sleep Inn |
|---|
| Corridor: | Interior |
|---|
| Keys: | 71 |
|---|
| Building Status: | Existing |
|---|
| No. of buildings: | 1 |
|---|
| Stories: | 3 |
|---|
| Site size: | 1.9470 AC |
|---|
| Parking Type: | Surface |
|---|
| Construction Type: | Wood Frame |
|---|
| Year Build: | 1998 |
|---|
| Year Renovated: | 2020 |
|---|
Address: 947 OH-53, Port Clinton, OH 43452
Room Count: 71
Year Built: 1999
Buildings: 1
Stories: 3
Amenities: Indoor pool
Parcel Size: 1.9470 acres
Construction: Wood frame
Roof: Pitched, Shingled
HVAC: Individual PTAC units
Elevators: 1
Breakfast Area
Indoor Pool
Leisure
Commercial
| Country: | United States |
|---|
| City: | Login to view |
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| State: | Ohio |
|---|
| Postal Code: | Login to view |
|---|
| APN/Parcel ID: | Login to view |
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| Location Type: | Login to view |
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President, Principal Broker
Laurel Real Estate Company

Vice President
Laurel Real Estate Company
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