Wyndham Cleveland Airport | 4277 W 150th St
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Wyndham Cleveland Airport 4277 W 150th St
372 Room Hotel Cleveland, OH 44135 For Sale
Investment Highlights
- Fitness Center
- Business Center
- 14,000+ SF Meeting/Event Space
- Indoor Pool
- Complimentary Airport Shuttle Service
Executive Summary
Marcus & Millichap’s National Hospitality Division, as an exclusive representative of the seller, is pleased to present for sale to qualified investors, The Cleveland Airport Wyndham.
The Cleveland Airport Wyndham, a full-service hotel, is strategically located near Cleveland Hopkins International Airport, Ohio’s busiest airport, serving over nine million passengers annually. With easy access from I-71 and the West 150th Street thoroughfare, and just 15 minutes from Downtown Cleveland, this property offers an exceptional opportunity for redevelopment, particularly for conversion to multifamily or senior housing.
The hotel is zoned General Retail, which allows for all types of housing developments, making it ideal for rental conversions, per City of Cleveland. Additionally, the City of Cleveland has demonstrated a favorable stance toward these types of conversions, offering guidance and support to investors looking to repurpose properties to meet the evolving needs of the market. This makes The Cleveland Airport Wyndham an even more attractive investment opportunity.
The Cleveland Airport Wyndham, a full-service hotel, is strategically located near Cleveland Hopkins International Airport, Ohio’s busiest airport, serving over nine million passengers annually. With easy access from I-71 and the West 150th Street thoroughfare, and just 15 minutes from Downtown Cleveland, this property offers an exceptional opportunity for redevelopment, particularly for conversion to multifamily or senior housing.
The hotel is zoned General Retail, which allows for all types of housing developments, making it ideal for rental conversions, per City of Cleveland. Additionally, the City of Cleveland has demonstrated a favorable stance toward these types of conversions, offering guidance and support to investors looking to repurpose properties to meet the evolving needs of the market. This makes The Cleveland Airport Wyndham an even more attractive investment opportunity.
Property Facts
| Sale Type | Investment | No. Rooms | 372 |
| Sale Conditions | Design & Build | Number of Floors | 9 |
| Property Type | Hospitality | Year Built/Renovated | 1970/2016 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Parking Ratio | 2.34/1,000 SF |
| Lot Size | 8.36 AC | Corridor | Interior |
| Building Size | 223,140 SF |
| Sale Type | Investment |
| Sale Conditions | Design & Build |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 8.36 AC |
| Building Size | 223,140 SF |
| No. Rooms | 372 |
| Number of Floors | 9 |
| Year Built/Renovated | 1970/2016 |
| Tenancy | Single |
| Parking Ratio | 2.34/1,000 SF |
| Corridor | Interior |
Amenities
- Business Centre
- Fitness Centre
- Pool
- Restaurant
- Room Service
- Shuttle Service
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wi-Fi
- Smoke-Free
- Hot Tub
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 4 | £123.08 | - |
| Guest Room | 368 | £106.51 | - |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £997,454 | |
| Land Assessment | £640,806 | Total Assessment | £1,638,260 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£640,806
Improvements Assessment
£997,454
Total Assessment
£1,638,260
zoning
| Zoning Code | C |
| C |
-
Eddy Nevarez -
Michael Glass -
Marcus & Millichap
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Wyndham Cleveland Airport | 4277 W 150th St
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