For Sale
$1,799,900

61595 Southgate Pkwy Cambridge, OH 43725

71-Key Hotel, Prime Location, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
136
Exceptional investment opportunity: the Baymont by Wyndham Cambridge, a 71-key hotel situated on a spacious 20-acre lot at 61595 Southgate Pkwy, Cambridge, OH 43725. This two-story, 33,966 square foot property, built in 1997, offers a compelling return on investment. The asking price is $1,799,900, representing an attractive $25,351 per key and $52.99 per square foot. The hotel boasts ample parking with 85 spaces available. The strong demographic profile of the Cambridge area, featuring a growing population and healthy household incomes, presents a promising market for this hospitality asset. This sale includes only the business; the real estate is not included in this offering. This presents a unique opportunity to acquire a well-established hotel in a thriving market. The property's size and location make it an ideal investment for experienced hospitality operators seeking expansion or new ventures. Detailed financial information is available upon request. This is a turnkey operation ready for a new owner to step in and capitalize on the existing business.

Highlights

  • $1,799,900 asking price.
  • 71-key hotel.
  • Located at 61595 Southgate Pkwy, Cambridge, OH 43725.
  • 20-acre lot.
  • Built in 1997, two-story building.

Property Details for 61595 Southgate Pkwy

Property type
Hospitality properties, Hotels
Year Built
1997
Stories
2
Lot Size (sq. ft)
871,200 SF

Location Insight

City
Cambridge
County
Guernsey
State
Ohio
Latitude
39.9938005
Longitude
-81.575612

FAQs

What type of property is this?
Hospitality property - 71-Key Hotel, Prime Location, High ROI
Where is the hospitality property located?
The property is located at 61595 Southgate Pkwy Cambridge, OH.
What is the asking price?
The asking price for this property is $1,799,900.
What are key features of this property?
This property features: $1,799,900 asking price.; 71-key hotel.; Located at 61595 Southgate Pkwy, Cambridge, OH 43725.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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61595 Southgate Pkwy
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