Sleep Inn & Suites - Port Clinton, OH

Highlights

• 20-year franchise agreement available with completion of minimal PIP (seller estimate: $230k)
• 71 unit interior corridor property offered fee simple and unencumbered by management. Property is a small, management size for a first-time buyer or owner-operator.
• Seller financing may be available to investors who do not qualify for SBA financing.
• Significant upside potential: December 2025 STAR Report shows that the property ranks 4 of 6 for occupancy, 6 of 6 for ADR, and 5 of 6 for RevPAR. Room revenue, adjusted per competitive set, reflects unrealized gains of over $450,000.
• Strong cash flow: property boasts a 32% NOI margin, making it an attractive target for SBA lenders. Completion of brand PIP provides opportunity to boost ADR and maximize cash flow.

Location