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34504448
34504455

383 E LEFFEL LN, SPRINGFIELD, OH 45505-4746 For Sale

SM
CA 01363650, CA
Century 21 Allstars
Listed by Century 21 Allstars
$6,399,990
4 days on market
Updated 4 days ago

Quality Inn & Conference Center Springfi

Details
APN 3050700032200012
Property Type Hospitality
Square Footage 100,438
Units 150
Year Built 1973
Stories 2
Lot Size (SqFt) 304,708
Zoning 410

Hospitality • 11.58% CAP • 04/23/2024

Marketing description

Quality Inn and Conference Center at 383 E Leffel Ln, Springfield, OH 45505 presents a rare hospitality investment opportunity with scale, visibility, and built-in guest appeal. Offered at $6,399,990, this 150-room hotel spans approximately 101,898 square feet on 7.03 acres, delivering a compelling price per key of $42,667. Strategically positioned with strong highway access and ample on-site parking, the property features 241 parking spaces and a two-story layout designed to accommodate transient, group, and event-driven demand. Renovated in 2010, the asset offers an established hotel and conference center format with amenities that support multiple revenue streams, including meeting and gathering areas, indoor pool and spa amenities, and guest-focused common areas. Branded as a Quality Inn by Choice Hotels, the property benefits from national flag recognition while offering an investor the opportunity to enhance operations, refresh positioning, and capture upside in a well-traveled Springfield location. With its large footprint, conference-oriented layout, and strong presence on more than 306,000 square feet of land, this offering is ideal for buyers seeking a full-service hospitality asset with value-add potential.

Listing Contacts

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

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