Address:
Mentor, Ohio
Description:
UNDER CONTRACT
- Fee simple interest in the institutionally owned and operated 114-room Studio 6 Mentor, OH priced at a fraction of replacement cost
- Offered unencumbered of management and the Studio 6 flag with attractive rebranding options available
- Strong operational upside with the asset transitioning from corporate brand management to a more efficient owner/operator model
- Situated on just over 3.2 acres of land adjacent to the Lakeland Fwy & Reynolds Rd. exit, a location passed by upwards of 69,000 vehicles daily
- Proximate to several key area businesses including Steris Corporation global headquarters, Parker Hannifin Corporation global headquarters, and Avery Dennison Corporation regional headquarters
- Convenient to the area’s most popular leisure destinations such as the Rock & Roll Hall of Fame, Edgewater Park and Progressive Field (home of the Cleveland Indians), Historic Kirtland, Lost Nation Sports Complex, and the SPIRE Institute
- Ideally located in the heart of the Cleveland MSA, home to upwards of 2.1 million residents
Listing Agents
Lora Simpson
T | 515.750.0235
Email
Adam Montufar
T: 515.446.4181
Email
Categories List:
Limited Service
Under Contract