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31419161
31419152

40 New Garver Rd, Monroe, OH 45050

SM
CA 01363650, CA
Century 21 Allstars
Listed by Century 21 Allstars
$3,199,990
66 days on market
Updated 9 days ago

Baymont by Wyndham Monroe Ohio

Details
Property Type Hospitality
Sub Type Hotel
Square Footage 21,116
Keys 49
Price per SqFt $152
Year Built 1993
Year Renovated 2012
Stories 2
Acreage 1.650

Hospitality | 49 Keys

Marketing description

Baymont by Wyndham Monroe Ohio at 40 New Garver Rd, Monroe, OH 45050 presents an exceptional hospitality investment opportunity in a strong Southwest Ohio corridor. Offered at $3,199,990, this 49-room flagged hotel features approximately 21,116 square feet on 1.65 acres, delivering an attractive price per key of $65,306. Originally built in 1993 and renovated in 2012, the two-story property offers a well-maintained lodging asset with inviting guest rooms, updated interiors, a welcoming lobby/lounge area, breakfast seating, and fitness amenities. The site includes a parking ratio of 1.22 spaces per room, supporting efficient guest access and operations. Positioned in Monroe between Cincinnati and Dayton, the property benefits from a growing surrounding consumer base and affluent area demographics, with average household incomes exceeding $119,000 within one mile and over $134,000 within five miles. This branded hotel offering combines recognized franchise value, functional scale, and a strategic location—making it an appealing opportunity for investors seeking an existing hospitality asset with upside in a desirable Ohio market.

Listing Contacts

SM
CA 01363650, CA
Century 21 Allstars
Listed by Century 21 Allstars

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