Courtyard Akron-Fairlawn, OH

Listing Agents

Eric Skipworth
T | 312.248.4109

Omari Head
T | 410.406.7259

Detailed Information
Property Highlights
  • Fee simple interest in the institutionally owned and third-party managed 78-room Courtyard Akron-Fairlawn, OH
  • Property will be auctioned in the May 3rd event on Ten-X
  • Asset is available for individual purchase as part of a six-property portfolio
  • Ability for qualifying franchisees to retain the Courtyard by Marriott flag through a new long-term license upon completion of the PIP
  • Strong residual upside in transitioning from national institutional ownership to a regional Midwest portfolio owner/operator with greater economies of scale
  • Adjacent to and readily accessible via Interstate 77, with over 90,000 vehicles passing the location daily
  • Proximate to all core submarket demand, including Crystal Clinic Orthopedic Center Hospital, Summit Mall, and Continental Headquarters
  • Convenient to all broader Akron area demand, including Summa Health System, the University of Akron, Goodyear Tire Global Headquarters, LyondellBasell, and downtown Akron
  • Optimal time to invest in Ohio amidst expansive economic growth due to the state’s business friendly legislation
  • Ohio is the seventh largest economy in the U.S. and ranked #2 in CNBC’s Cost of Doing Business poll

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