67731 Mall Rd - Hospitality FOR SALE
Saint Clairsville, OH 43950 |
312-248-4109
67731 Mall Rd
Saint Clairsville, OH 43950
HIGHLIGHTS
- Leasehold interest in the institutionally-owned, recently renovated, and third-party managed 66-room Fairfield Inn & Suites St. Clairsville, Ohio
- Unencumbered by third-party management with an opportunity to retain the Fairfield brand for the remaining term with no PIP costs
- Potential opportunity to convert following short term licensure with Marriott and recoup investment through hands-on management / cash flow
- Strategically located off I-70 allowing easy access to regional markets with over 50,000 vehicles passing the location daily
- Significant operating improvement prospects following transferring to a regional owner/operator model with strong local economies of scale
- Readily accessible to all local energy and manufacturing demand, including Stingray Energy Services, Murray Energy, Nickles Bakery, and United Dairy.
FOR SALE DETAILS
PRICE
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# OF ROOMS
66
CAP RATE
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SALE TYPE
Investment
ON GROUND LEASE
Yes
BUILDING DETAILS
PROPERTY NAME
Fairfield Inn & Suites Saint Clairsville OH
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
3
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
2001
PARKING SPACES
64
LAND DETAILS
LAND ACRES
1.58 AC
LAND SF
69,016 SF
ZONING
Commercial
APN/PARCEL ID
32-03143-001
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312-248-4109
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312-248-4109
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