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Hampton Inn Akron-Fairlawn 80 Springside Dr 63 Room Hotel Akron, OH 44333 $9,002,435 CAD ($142,896 CAD/Room)
Investment Highlights
- The hotel has no outstanding PIP as the owner completed a full renovation last year.
- Updated bathrooms (vanities, mirrors, fixtures)
- Technology upgrades such as flat-screen TVs and improved Wi-Fi
- New case goods, soft goods, bedding, and lighting in guestrooms
- Refreshed lobby and breakfast area to current Hampton design standards
- Exterior and signage improvements to meet brand requirements
Executive Summary
Luke Whittaker and Mitchell Glasson are pleased to present the opportunity to acquire the Hampton Inn Akron–Fairlawn, a well-located 63-room hotel in the highly desirable Montrose/Fairlawn submarket of Akron. Positioned just off Interstate 77, the property benefits from excellent accessibility and strong visibility within one of the region’s primary retail and commercial corridors. The hotel is surrounded by numerous demand drivers including Summit Mall, University of Akron, and Cuyahoga Valley National Park, in addition to a concentration of corporate offices and regional headquarters that support consistent year-round lodging demand. The asset also offers convenient access to both downtown Akron and the greater Cleveland metropolitan area. Branded under the globally recognized Hampton by Hilton flag, the property presents investors with the opportunity to acquire a stable, institutional-quality asset in a well-established Midwest lodging market.
Matt Wallace
License # REC.2022007141, BRKP.2024002419 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113
(866) 889-0550
Matt Wallace
License # REC.2022007141, BRKP.2024002419 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113
(866) 889-0550
Data Room Click Here to Access
Property Facts
| Price | $9,002,435 CAD | Building Size | 19,622 SF |
| Price Per Room | $142,896 CAD | No. Rooms | 63 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1996/2025 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Corridor | Interior |
| Lot Size | 2.50 AC |
| Price | $9,002,435 CAD |
| Price Per Room | $142,896 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.50 AC |
| Building Size | 19,622 SF |
| No. Rooms | 63 |
| No. Stories | 3 |
| Year Built/Renovated | 1996/2025 |
| Tenancy | Single |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Digital key
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 63 | $203.59 CAD | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 05-00710 | Improvements Assessment | $1,276,062 CAD |
| Land Assessment | $381,738 CAD | Total Assessment | $1,657,800 CAD |
Property Taxes
Parcel Number
05-00710
Land Assessment
$381,738 CAD
Improvements Assessment
$1,276,062 CAD
Total Assessment
$1,657,800 CAD
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Hampton Inn Akron-Fairlawn | 80 Springside Dr
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