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11555 Upper Gilchrist Rd
Mount Vernon, OH 43050

Price Upon Request

Hotel For Sale  •  33,582 SF

Property Details

  • Property Type Hotel
  • Total Building Size 33,582 SF
  • Lot Size 1.46 AC
  • Building Class C
  • Year Built 1998
  • Zoning Commercial
0 Transit Score
43 Walk Score

Highlights

Fee-Simple Interest in the 70-Key, Three-Story, Interior Corridor, Limited-Service Asset Built in 1998
Ranked at #3 for RevPAR out of the 7 Hotels in the STR Competitive Set with a 110% RevPAR Penetration Index
Unencumbered by Management Company, Unencumbered by Debt
Desirable, Upper-Midscale, IHG Brand Affiliation with Holiday Inn Express
Hotel Showed Revenues of Approximately $1.7MM in 2023 with an NOI of Approximately $764,500 | Expected to Finish 2024 Above $1.7MM in Revenues

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Meeting Event Space

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 61
Type: Surface
Included in Rent: Yes
Prashant Merchant 757-589-6954 Colliers | Virginia
Prashant Merchant 757-589-6954 Colliers | Virginia