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3775 Park East Dr
Beachwood, OH 44122 Beachwood

Price Upon Request

Hotel For Sale • 187,425 SF

Property Details

Property Type Hotel
Total Building Size 187,425 SF
Lot Size 5.37 AC
Building Class B
Year Built 1989
Tenancy Multiple
Zoning U-9

0 Transit Score

37 Walk Score

                
                    Highlights
                
                                Fee simple interest in the 216-room, institutionally owned and third-party managed Embassy Suites by Hilton Cleveland Beachwood, OH.
                            
                                Property offered for sale in the October 2nd auction event via Ten- X.
                            
                                Upper upscale, all-suite Hilton asset offered unencumbered by management or debt at a discount to replacement cost.
                            
                                Ability to retain the Hilton flag for a new long-term license upon completing the change of ownership PIP.
                            
                                Strong upside transitioning from institutional ownership and a national third-party operator to an investor with strong operating economies of scale.
                            
                                Opportunity to better position the asset amongst the competitive set upon completion of the PIP.

Amenities

Fitness Center
Pool
Restaurant
Room Service
High Speed Internet Access
On-Site Bar
Meeting Event Space
Public Access Wifi
Smoke-Free
Digital key

Public Transportation

Airport	Drive	Walk	Distance
Cleveland-Hopkins International	34 min	-	22.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	227
Type:	Surface
Included in Rent:	Yes

3775 Park East Dr OFF MARKET Beachwood, OH 44122 Beachwood OFF MARKET