1800 Miami St - Hospitality FOR SALE
Toledo, OH 43605 |
1800 Miami St
Toledo, OH 43605
HIGHLIGHTS
- Fee simple interest on the Budgetel Inn, a 145-room hotel on a 5-acre lot in a prime location in Toledo, 3-story with Lodging Facility & Restaurant.
- Just off I-75, this asset is near major local demand generators such as Hollywood Casino, the Toledo Zoo, and Fifth Third Field.
- The property is also a short five-minute drive from downtown Toledo and many major regional employers such as ProMedica and Owens Community College.
- The Toledo metro area is the hub of auto-related production, including GM, Fiat Chrysler, and auto parts manufacturer Dana Holdings Corp.
- Visitors of the hotel have the opportunity to be treated with views of the Maumee River.
- Strong performing asset in 2020 during COVID 19.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Miami Suites Hotel
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
165678
STORIES
2
ROOM ENTRANCE
Interior
BUILDING CLASS
C
YEAR BUILT
1967
PARKING SPACES
168
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
10-CO
APN/PARCEL ID
15-25001,18-76457,18-76467
