COMFORT INN CLEVELAND AIRPORT

INVESTMENT OVERVIEW

Hunter Havericak Hotel Group of Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 136-room Comfort Inn located in Middleburg Heights, Ohio, a suburb of Cleveland. The hotel is a three-story property built in 1989 and located directly off Interstate 71. The lender recently took title and the property has had major interruptions of business, including being closed for an extended period of time. Comfort Inn Airport Cleveland provides the opportunity for a new owner to acquire a limited-service hotel at a very attractive basis with potential to realize significant upside through completing the PIP renovation and stabilizing operations through hands-on management.

AUCTION: MARCH 4-6, 2024

INVESTMENT HIGHLIGHTS

• Lender-Owned Hotel
• Upside Through Stabilization of Ownership and Management
• Property is Located Just off Interstate 71, Less than Four Miles from Cleveland Hopkins International Airport
• Proximate to NASA Glenn Research Center, Southwest General Medical Center, Ford Motor Company Cleveland Engine, Cuyahoga County Fairgrounds, and More