185 Montrose West Ave | Akron, OH 44321
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- LoopNet Team
185 Montrose West Ave
Akron, OH 44321
ESA Akron Copley East · Hospitality Property For Sale · 42,993 SF
Investment Highlights
- Fee simple interest in the institutionally owned and third-party managed 95-room Extended Stay America (ESA) Akron Copley East.
- Ability to purchase any combination of eight assets, affording buyers the opportunity to capitalize on strong regional operating economies of scale.
- Offered unencumbered of debt and management with the ability to retain the Extended Stay America brand for a new long-term license.
- Available for individual sale as part of a larger eight-property portfolio in the October 4th Ten-X Auction Event.
- Strong in-place performance, with trailing-24-month year-over-year average ADR gains of +24%.
- Product type with fully equipped kitchens is ideal for potential residential conversion or alternative use pending zoning and municipality approval.
PROPERTY FACTS
| Sale Conditions | Auction Sale | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1996/2016 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Parking Ratio | 2.12/1,000 SF |
| Lot Size | 2.09 AC | Corridor | Interior |
| Building Size | 42,993 SF |
| Sale Conditions | Auction Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.09 AC |
| Building Size | 42,993 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1996/2016 |
| Tenancy | Single |
| Parking Ratio | 2.12/1,000 SF |
| Corridor | Interior |
Amenities
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
PROPERTY TAXES
| Parcel Number | 15-04913 | Improvements Assessment | $604,949 |
| Land Assessment | $330,279 | Total Assessment | $935,229 |
PROPERTY TAXES
Parcel Number
15-04913
Land Assessment
$330,279
Improvements Assessment
$604,949
Total Assessment
$935,229
zoning
| Zoning Code | PDD |
| PDD |
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