Sleep Inn - Port Clinton, OH
71 Keys • Seller Financing Available * Profitable Hotel with Good Cash Flow
Marketing description
• 71 unit interior corridor property offered fee simple and unencumbered by management. Property is a small, manageable size
for a first-time buyer or owner-operator.
• Significant upside potential: December 2025 STAR Report shows that the property ranks 4 of 6 for occupancy, 6 of 6 for ADR,
and 5 of 6 for RevPAR. Room revenue, adjusted per competitive set, reflects unrealized gains of over $450,000.
• Strong cash flow: property boasts a 34% NOI margin, making it an attractive target for SBA lenders. Completion of brand PIP
provides opportunity to boost ADR and maximize cash flow.
• Asking Price: $4,950,000 (8.7% cap rate).
Investment highlights
Price: $4,950,000
Rooms: 71
Revenue: $1,389,118
Occupancy: 48.8%
ADR: $109.74
RevPAR: $53.60
Year Built: 1999
Buildings: 1
Corridors: Interior Corridors
Stories: 3
Construction: Wood Frame
Roof: Pitched, Shingled
HVAC: Individual PTAC units
Elevators: 1
Parcel Size: 1.947 acres
Amenities: Elevator, Indoor Pool, Breakfast Room
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