Sheraton Four Points

Highlights

• Amenities include onsite restaurant and banquet hall, which generated $286,394 in revenue in 2025.
• Fee simple interest in 143-unit, interior corridor property in desirable Eastlake suburb of Cleveland
• Meticulously renovated - current owners did a $5 million conversion PIP in 2019 and have spent another $400k in CapEx since then. Recent updates include new water heaters, fire panel work, and various back of house upgrades.
• Strong revenue and cash flow: 2025 room revenue of $3,117,517 / total revenue $3,435,326 / NOI $1,414,067.
• Upside opportunity: despite steady cash flow, property is ranked 4/4 for occupancy, 3/4 for ADR, and 3/4 for RevPAR within its STR competitive set.

Location