Days Inn New Philadelphia 181 SW Bluebell Dr Services hôteliers 83 chambres 2 207 750 € (26 599 €/Chambre) New Philadelphia, OH 44663

OwnerLand Realty, as the exclusive representative of the seller, is pleased to offer a compelling opportunity to acquire the Days Inn, located at 181 Bluebell Drive SW, New Philadelphia, OH 44663. Featuring 83 guest rooms and a recent 2021 renovation, the property operates under the Days Inn by Wyndham franchise and is situated on approximately 1.462 acres. This offering is particularly attractive for an owner-operator seeking a value-add investment. The upcoming demolition of the neighboring Travel Lodge, one of only three budget hotels, creates a prime opportunity to dominate the budget lodging segment. By addressing current management inefficiencies, an owner-operator can significantly improve performance and profitability. Attractive owner financing options may be available to qualified buyers.
Investment Highlights
Value-Add Opportunity: The Days Inn presents a significant value-add opportunity for an owner-operator. Current performance is hampered by absentee ownership and management inefficiencies, as evidenced by declining net income and negative guest reviews focused on cleanliness and maintenance. A hands-on owner can directly address these issues to improve operational efficiency, enhance guest satisfaction, and drive revenue growth.  
Elimination of Direct Competition: The impending demolition of the Travel Lodge, one of only two budget hotels in the area, provides a unique opportunity to capture a larger share of the market. This reduction in competition will allow for increased occupancy and greater pricing flexibility.  
Strategic Location: The property is strategically located off Interstate 77 (Exit 81) and US 250, providing convenient access for travelers. It is also proximate to key demand generators, including:  
Ohio Amish Country  
Warther Museum & Gardens  
Schoenbrunn Village  
Pro Football Hall of Fame (Canton)  
Property Upside:
The 2021 renovation provides a solid foundation for a new owner to build upon.
There is potential to increase revenue by improving online reputation and marketing strategies.
Controlling expenses and implementing revenue management strategies can lead to improved profitability.
Workforce Housing Conversion Potential: The Days Inn Conversion Analysis report indicates the property may also have potential for conversion into apartment housing, given the local workforce housing shortage. This presents a potential alternative exit strategy or future development opportunity.  
Owner Financing or JV Availability: The seller's willingness to consider owner financing or a joint venture with a contract to sell provides flexible deal structures for qualified buyers.