Institutional Seller | Country Inn & Suites Springfield

$1,500,000

1751 West 1st Street, Springfield, OH 45504

For Sale

Hotel

Active

Last Updated: 07/13/2026

Offered by

Holland Cogan

Marketing Team

RealINSIGHT Marketplace

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Description:

Investment Highlights

Diverse Demand Base Across Six Industries: Manufacturing, defense, healthcare, education, and distribution anchor consistent lodging demand year-round.
62-Room Select-Service Asset, Fee Simple: Unencumbered by management agreement, offering a new owner full operational control from day one.
Strategic Access to I-70 and US Hwy 68: Minutes from I-70 interchange, positioning the Hotel between Dayton and Columbus along a primary travel corridor.
RevPAR Upside vs. Competitive Set: Ranked 4th of 6 in the comp set as of March 2026 TTM — clear runway to close gap with hands-on management.
75M-Member Choice Privileges Loyalty Program: Choice Hotels affiliation drives consistent demand through one of hospitality's fastest-growing loyalty networks.
Institutional Ownership with Clean Exit Structure: Institutionally owned and managed asset offered unencumbered, with no management agreement to assume.

Offering Summary

RealINSIGHT Marketplace, in partnership with HREC Investment Advisors, is pleased to present 1751 W 1st Street, Springfield, OH — a 62-room Country Inn & Suites select-service hotel offered fee simple and unencumbered by management. The Property sits at the intersection of US Highway 68 and Troy Road, with direct connectivity to Interstate 70 minutes south, placing it between Dayton and Columbus along a primary Ohio travel corridor. Springfield's demand base is broad and resilient: major employers span insurance (Assurant), manufacturing (Topre America, Yamada North America), food distribution (Dole Fresh Vegetables), and retail (Gabe's), complemented by military operations at the 178th Wing Ohio Air National Guard and higher education anchors including Wittenberg University and Clark State College.

The Hotel currently ranks fourth of six in its competitive set on RevPAR as of March 2026 TTM, presenting a clearly identified performance gap an engaged operator can close by leveraging recent capital investment by existing ownership. Choice Hotels affiliation provides access to Choice Privileges, a loyalty program exceeding 75 million members, ensuring a steady base of demand from the outset of new ownership.