Hotels for Sale

Radisson Toledo, OH

Address:
Toledo, OH, Ohio
Description:
  • Leasehold interest in the 212-room, institutionally owned and third party managed Radisson Hotel at The University of Toledo
  • Property offered for individual sale in the December 12th auction event
  • Multiple branding options available for conversion including Marriott Delta, and Radisson is interested in relicensing the property
  • Significant operational upside following completion of the PIP and in transition from absentee ownership and non-regional management
  • Seller has made substantial recent capex improvements including a newly replaced roof 20-year warranty roof in April 2019
  • Ideally positioned as the only hotel on the University of Toledo Health Science Campus, walking distance to the UTMC Heart and Vascular Center, The University of Toledo Mulford Health Science Library, The University of Toledo Medical Center, The University of Toledo Medical Center for Sports Medicine, The University of Toledo Health Science Campus, and the Rehabilitation Hospital of Northwest Ohio
  • Proximate to all broader regional demand including Huntington Center, Bowling Green State University, Toledo Express Airport, Checker Distributors, UPS Distribution Center, Toledo Zoo, Fifth Third Field, Shelly Materials, and The Andersons Company

Listing Agents

Mike Schlictman
T | 312.239.0577
Email Agent

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