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40 New Garver Rd
Monroe, OH 45050
Baymont by Wyndham Monroe Ohio · Hospitality Property For Sale
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49 Rooms
Executive Summary
Baymont by Wyndham Monroe Ohio at 40 New Garver Rd, Monroe, OH 45050 presents an exceptional hospitality investment opportunity in a strong Southwest Ohio corridor. Offered at $3,199,990, this 49-room flagged hotel features approximately 21,116 square feet on 1.65 acres, delivering an attractive price per key of $65,306. Originally built in 1993 and renovated in 2012, the two-story property offers a well-maintained lodging asset with inviting guest rooms, updated interiors, a welcoming lobby/lounge area, breakfast seating, and fitness amenities. The site includes a parking ratio of 1.22 spaces per room, supporting efficient guest access and operations. Positioned in Monroe between Cincinnati and Dayton, the property benefits from a growing surrounding consumer base and affluent area demographics, with average household incomes exceeding $119,000 within one mile and over $134,000 within five miles. This branded hotel offering combines recognized franchise value, functional scale, and a strategic location—making it an appealing opportunity for investors seeking an existing hospitality asset with upside in a desirable Ohio market.
Property Facts
| Price Per Room | $90,813 CAD | No. Rooms | 49 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1993/2012 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Parking Ratio | 2.94/1,000 SF |
| Lot Size | 1.65 AC | Corridor | Interior |
| Building Size | 21,116 SF | ||
| Zoning | N/Av, Monroe | ||
| Price Per Room | $90,813 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 1.65 AC |
| Building Size | 21,116 SF |
| No. Rooms | 49 |
| No. Stories | 2 |
| Year Built/Renovated | 1993/2012 |
| Tenancy | Single |
| Parking Ratio | 2.94/1,000 SF |
| Corridor | Interior |
| Zoning | N/Av, Monroe |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 13 | $137.67 CAD | - |
| Guest Room | 36 | $127.93 CAD | - |
Property Taxes
| Parcel Number | C1800-009-000-040 | Improvements Assessment | $945,553 CAD |
| Land Assessment | $262,820 CAD | Total Assessment | $1,208,372 CAD |
Property Taxes
Parcel Number
C1800-009-000-040
Land Assessment
$262,820 CAD
Improvements Assessment
$945,553 CAD
Total Assessment
$1,208,372 CAD
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