Institutional Seller | Courtyard Toledo Airport Holland

Highlights:

• Exceptional Location: The Courtyard Toledo Airport Holland is strategically located just off Interstate 475, approximately three miles from the interchange of Interstate 75 and the Ohio Turnpike (I-80/I-90), placing the Property at a major Midwest transportation crossroads with 60% of the U.S. population within a one-day drive. The Hotel is also 10 minutes from Toledo Express Airport (TOL) and within close proximity to downtown Toledo, the University of Toledo, and major employment centers including ProMedica Toledo Hospital and the Jeep Toledo Assembly Complex.
• Established Industrial Hub With Global Manufacturing Leaders: Toledo, known as the “Glass City,” has long been a global center for glass manufacturing and remains a major automotive hub as the birthplace of Jeep and home to the Jeep Toledo Assembly Complex. The city’s economy is supported by diverse industries including advanced manufacturing, renewable energy, and healthcare, with major employers such as Owens Corning, Libbey Glass, and First Solar.
• Leading Academic and Medical Institution: The University of Toledo is a Carnegie R1 public research university enrolling approximately 14,000 students and serving as a major education, research, and employment anchor for Northwest Ohio.
• Limited New Supply: Hotel development in the Toledo submarket remains limited, with only one hotel currently under construction approximately nine miles south of the Property, minimizing potential new competition.
• Clean Investment Opportunity: The non-union, fee-simple interest in the Courtyard is offered free and clear of management and financing, providing new ownership with maximum operational and capital structure flexibility.

Description:

Ri Marketplace Online Auction May 4th-6th, 2026
Register to bid on Marketplace:

https://rimarketplace.com/auction/3107/hospitality/toledo/oh?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=hospitality_3107

Hodges Ward Elliott (“HWE”), in conjunction with RI Marketplace, is pleased to present the opportunity to acquire the 149-room Courtyard Toledo Airport Holland (the “Property” or “Hotel”), strategically located near Toledo Express Airport (TOL) with direct access to Interstate 475. The Hotel benefits from proximity to the region’s diverse corporate and industrial base, including ProMedica Health System, Mercy Health, Owens Corning, First Solar, and the Jeep Toledo Assembly Complex. The Property is also positioned near the University of Toledo, which serves as a significant driver of education, healthcare, and research demand. The Hotel represents an opportunity to acquire a premium-branded, select-service asset with meaningful upside through renovation, operational optimization, and continued economic expansion within the market.


Property tours are available by appointment only. Please reach out to the Hodges Ward Elliott team to schedule.

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