SPRINGDALE, Ohio—Marcus & Millichap introduced the sale of a 70-room Welcome Suites Prolonged Keep lodge property in Springdale, Ohio.
“This deal was really a collaborative effort,” mentioned Michael Klar, director, investments. “Each the client and vendor demonstrated professionalism and suppleness all through the method. Even with a number of delays, their cooperation allowed us to navigate the challenges and efficiently shut the transaction.”
Klar and Ebrahim Valliani, funding specialists in Marcus & Millichap’s Chicago Oak Brook workplace, in affiliation with Michael Glass, Marcus & Millichap’s Ohio dealer of file, had the unique itemizing to market the property on behalf of the vendor and procured the client, each personal buyers. The transaction acquired further help from Chris Gomes and Allan Miller of the Miller-Gomes Resort Workforce.
The three-story Welcome Suites Prolonged Keep Springdale is located on 1.82 acres. Inbuilt 1988, the lodge consists of kitchenettes in every suite, together with on-site visitor laundry and merchandising facilities. The property presents direct entry to Interstate 275 and is surrounded by demand mills, together with main employers, medical facilities, universities, and regional points of interest.
