RED ROOF INN
702 Pike St.
Marietta, OH 45750
Price: $1,500,000
48 Rooms | 1972 Year Built
Investment Highlights:
Charles Hart Hospitality Group is proud to exclusively offer for sale the 48-room Red Roof Inn Marietta. The hotel is located two miles southeast of downtown Marietta, Ohio directly off of I-77 and is strategically located within ten minutes of Marietta College.
The Red Roof Inn Marietta is being offered at $1,500,000. The hotel is completely renovated up to Red Roof Inn standards and minimal to no PIP is expected upon transfer. The asset provides an excellent opportunity for an investor to benefit from a renovated turnkey hotel, while increasing revenues and an already present cash flow with active hands-on management.
TURNKEY HOTEL INVESTMENT WITH MINIMAL PIP
Minimal PIP-Recently Extensively Renovated
Significantly Below Replacement Cost
Two Regional Medical Hubs Nearby
Location Highlights:
Very High-Density Immediate Area (Dining, Retail, Commercial)
Directly Off of I-77
5 Minutes from Historic Downtown Marietta
1 Mile from Marietta College
1 Mile from Don Schaly & Don Drumm Stadiums (NCAA)
2 Miles from Multiple Regional Antique Mall Attractions
Over 90,000 Residents in the Metropolitan Area
CHARLES HART REAL ESTATE HOSPITALITY GROUP
HOME OPPORTUNITIES CLOSED TRANSACTIONS ABOUT ADVANTAGE CONTACT
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Listing disclaimer: Charles Hart Real Estate LLC is not affiliated with, sponsored by, or endorsed by any commercial tenant or lease identified in this marketing brochure. The presence of any corporation logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by said corporation and Charles Hart Real Estate LLC or any of its agents and is solely included for the purpose of providing information about a listing to prospective customers.