5300 Rockside Rd - Hospitality FOR SALE
Independence, OH 44131 |
740-965-1966
5300 Rockside Rd
Independence, OH 44131
HIGHLIGHTS
- Valuable five-story, 178-room hotel exceptionally situated over a spacious 6.53-acre lot with ample parking right off I-77 in Independence, Ohio.
- Strategically located 1 mile from the major I-77 and I-480 highway interchange with desirable accessibility 8.5 miles south of Downtown Cleveland.
- Incredible value-add opportunity to acquire an ideally positioned hotel within a thriving submarket, seeing a year-over-year RevPAR increase at 17.6%.
- Features desirable on-site amenities, including meeting rooms, ballrooms, a restaurant, an indoor and outdoor pool, a fitness center, and more.
- Hotel offers shuttle service to the CLE Airport which is close to Great Lakes Science Center and Huntington Bank Field, home to the Cleveland Browns.
- Within walking distance of Cleveland Clinic, Independence’s largest employer in the surrounding area, with a generous employee count of about 57,000.
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
Ramada Cleveland Independence | Just off I-77
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
5
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1974
PARKING SPACES
250
LAND DETAILS
LAND ACRES
6.53 AC
LAND SF
284,447 SF
ZONING
U-6A
APN/PARCEL ID
562-32-004,562-32-008
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740-965-1966
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740-965-1966
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