Hampton Inn Cleveland-Solon 6035 Enterprise Pky

JLL’s Hotels & Hospitality Group, as sole and exclusive agent for the owner, has been retained to offer for sale the fee simple interest in the 103-room Hampton Inn Cleveland Solon (the “Hotel” or “Property”). The Hotel enjoys a prime location in Solon, one of Cleveland's most prosperous suburbs and a leading business center in Ohio. Situated just 15 miles southeast of downtown Cleveland, the Hotel is strategically positioned within a 1.5-mile radius of major corporate headquarters, including Nestle USA and Swagelok, which collectively employ over 5,000 people in the area. This proximity ensures a steady flow of business travelers. Additionally, the Hotel is a mere five-minute drive from the Cleveland Clinic's Solon Family Health Center, catering to medical-related visitors. Its location near U.S. Route 422 provides convenient access to downtown Cleveland's attractions, world-class healthcare institutions, cultural venues, and major sports arenas. The Hotel's position in Solon's robust and diverse business ecosystem guarantees strong and consistent demand from both corporate and leisure travelers.
This investment opportunity offers the acquisition of a premium branded property with exceptional revenue and NOI performance, and upside potential following the completion of a PIP. The Hotel has consistently outperformed its competitive set in recent years, demonstrating its strong market position. It benefits from its affiliation with the Hampton by Hilton brand, a top-ranked hotel franchise globally. Offered unencumbered by management and debt, this fee-simple hotel represents an attractive investment in one of Cleveland's most economically vibrant suburbs. The asset's prime location, coupled with Solon's ongoing economic expansion, positions it well for sustained growth and profitability in the coming years.