Baymont Inn by Wydham Marietta OH

701 Pike St Marietta, OH 45750

Marietta
FOR SALE
Property Type:
Hotel
Amount:
$2,499,999
Last Verified:
Aug 05, 2024

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Highlights

  • Fee Simple

Description

PLEASE DO NOT VISIT OR CONTACT THE STAFF, MANAGEMENT OR OWNERSHIP OF THE PROPERTY DIRECTLY. KINDLY CONDUCT ALL INQUIRIES THROUGH OUR OFFICE. THANK YOU IN ADVANCE FOR YOUR UNDERSTANDING AND COOPERATION!!

This 108-unit 2 story interior corridor property features outdoor seasonal pool, fitness, and business centers as well as a welcoming breakfast area. This property also includes an event center and a restaurant with a lounge that a savvy operator can reopen or lease to generate additional revenue.

This property is currently operated with an absentee owner and boasts plenty of potential for a savvy hands-on operator who chooses to leverage the use of all its amenities. This will benefit the owner-operator by yielding higher profit margins by a hands-on operational approach.

Baymont by Wyndham Marietta is in the historical district, within a 5-minute drive of Marietta College and Riverside Artists Gallery, 1.5 miles (2.5 km) from Ohio River, 2.2 miles (3.6 km) from The Castle and 6.9 mi from mid-valley Ohio regional airport (PKB). Marietta, Ohio is known for hosting an abundance of events throughout the year bringing people from all over the surrounding states and cities. The new buyer can benefit by getting involved in the city by helping host many of these events, using their in-house event space along with the restaurant and bar.


Year Built: 1970
Building Size: 56504sq ft
Lot Size: 3.19 acres


Documents

OM Baymont Inn by Wydham Marietta OH

Map of 701 Pike St, Marietta, OH, 45750

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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