70 Private Road 302 - Hospitality FOR SALE


South Point, OH 45680
$7,999,000 USD
714-353-8917
70 Private Road 302, South Point, OH for Sale
$7,999,000 USD
Hospitality - FOR SALE
1/5
null | Request Cap Rate

70 Private Road 302
South Point, OH 45680


OVERVIEW

Introducing a New Investment Opportunity! New hotel with approved plans to be converted into a Spark-Hilton South Point, is a prime investment opportunity located at 70 Private Drive 302, South Point, OH 45680. This 32,369 SF property sits on a sprawling 5.49-acre lot and features 142 well-appointed rooms. With a successful year of renovations completed in 2012, this establishment exudes modernity while retaining its classic charm from the 1968 construction. Strategically positioned, Spark-Hilton South Point boasts a thriving demographic environment. Within 3 miles, the 2023 median household income is $66,687, with a population of 4,209, offering a lucrative market for hospitality services. Whether you seek to expand your investment portfolio or step into the hospitality industry, this property presents an exceptional opportunity. Don't miss out - invest in the Spark-Hilton South Point today. [Hotel has plans to convert to a Spark in the FUTURE].

FOR SALE DETAILS

PRICE

$7,999,000 USD

PRICE/SF

$247 USD /SF

# OF ROOMS

150

PRICE/ROOM

$53,327 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Spark by Hilton South Point

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1968

PARKING SPACES

157

LAND DETAILS

LAND ACRES

5.49 AC

LAND SF

238,989 SF

ZONING

B-4

APN/PARCEL ID

15-131-1200-000,15-131-1300-000,15-131-1400-000,15-133-0400-001,15-133-0600-000

ASK ABOUT THIS PROPERTY

Silvestre Madrigal JrC21 AllStars, Commercial & Investment GroupMore Info
714-353-8917

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Silvestre Madrigal JrC21 AllStars, Commercial & Investment GroupMore Info
714-353-8917

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.