Property Overview
This Cobblestone property in Orrville, Ohio presents a great opportunity for an investor with a motivated, absentee seller and consistent ownership since its construction in 2017. The asset has been well maintained and operates with strong, steady revenue that has had minimal day-to-day involvement, making it attractive both for passive investors and those looking to step in more actively to increase profitability.
The property benefits from its proximity to The J.M. Smucker Company headquarters, along with other local employers that support regular business travel and dependable occupancy. It is also positioned within the broader Cleveland / Akron market, with convenient highway access that connects it to key regional demand drivers.
For a more engaged owner, there is a clear path to improve operations and increase profitability while building on an already stable revenue base.
In Association with ParaSell, Inc. | A Licensed Ohio Broker #REC.2020005946
Scott Reid, OH - BRKP.2020001224
Broker of Record
Ted Holmes, OK -
#155078
Listing Broker
Bruce Holmes, OK -
#071875
Listing Broker
Property Highlights
| Asking Price | $4,400,000 |
| Location | Ohio State Route 57 |
| Property Description | Limited Service |
| Number of Rooms | 54 |
| Major Source of Business | Corporate, Traveler, Transient, Healthcare, University & Retail |
| Site Size | +/- 2.62 |
| Year Built |
2017 |
| Common Area Amenities | Breakfast area, business center, fitness room, meeting room, beer & wine bar, guest laundry & indoor pool |