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SINGLE_FAMILY - Brook Park, OH
Tremendous value-add opportunity! Travelodge by Wyndham Cleveland Airport, located at 14043 Brookpark Rd, Brook Park, OH, is a 125-room, 5-story hotel positioned less than 5 minutes from Cleveland Hopkins International Airport-the busiest airport in Ohio with over 10 million passengers annually. Guests enjoy free parking and a complimentary airport shuttle, making this a strong choice for both leisure and business travelers. The hotel offers multiple avenues for upside, including income from a rooftop antenna, potential to lease the on-site bar and restaurant (with active liquor and food license), and completion of the current property improvement plan (3rd floor complete, 2nd in progress, 4th and 5th pending). An adjacent 0.58-acre lot is included in the sale, providing additional development potential. Conveniently located off I-480, the property benefits from strong nearby demand driv...
Tremendous value-add opportunity! Travelodge by Wyndham Cleveland Airport, located at 14043 Brookpark Rd, Brook Park, OH, is a 125-room, 5-story hotel positioned less than 5 minutes from Cleveland Hopkins International Airport-the busiest airport in Ohio with over 10 million passengers annually. Guests enjoy free parking and a complimentary airport shuttle, making this a strong choice for both leisure and business travelers. The hotel offers multiple avenues for upside, including income from a rooftop antenna, potential to lease the on-site bar and restaurant (with active liquor and food license), and completion of the current property improvement plan (3rd floor complete, 2nd in progress, 4th and 5th pending). An adjacent 0.58-acre lot is included in the sale, providing additional development potential. Conveniently located off I-480, the property benefits from strong nearby demand drivers such as sports arenas, medical facilities, manufacturing, and entertainment venues. Upcoming projects-including a new NFL stadium and entertainment district, major renovations at CLE Airport, and expansion at the I-X Center-are expected to significantly increase visitor traffic to the area. With reduced supply of airport hotels and an ownership transition underway, this property presents a rare opportunity for active investors to unlock its full potential in one of Cleveland's strongest hotel submarkets.
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