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Executive Summary
HREC Investment Advisors (“HREC IA”) is pleased to offer, to qualified investors, the opportunity to acquire the fee-simple interest in the 121-room Red Roof Inn Akron (“Hotel” or “Property”), situated at 2939 S Arlington Rd, Akron, OH 44312.
Property Facts
| Sale Type | Investment | No. Rooms | 121 |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1989/2005 |
| Building Class | C | Parking Ratio | 1.07/1,000 SF |
| Lot Size | 4.00 AC | Corridor | Exterior |
| Building Size | 50,579 SF | ||
| Zoning | N/Av, Springfield | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 4.00 AC |
| Building Size | 50,579 SF |
| No. Rooms | 121 |
| No. Stories | 3 |
| Year Built/Renovated | 1989/2005 |
| Parking Ratio | 1.07/1,000 SF |
| Corridor | Exterior |
| Zoning | N/Av, Springfield |
Amenities
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 121 | $95.27 CAD | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 51-08892 | Improvements Assessment | $937,426 CAD |
| Land Assessment | $198,845 CAD | Total Assessment | $1,136,271 CAD |
Property Taxes
Parcel Number
51-08892
Land Assessment
$198,845 CAD
Improvements Assessment
$937,426 CAD
Total Assessment
$1,136,271 CAD
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Red Roof Inn Akron | 2939 S Arlington Rd
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