alt
alt
alt
alt
alt
View All

For Auction

Institutional Seller | Fairfield Inn Warren Niles

1860 Niles Cortland Rd SE,
Warren, OH 44484
Represented by
HREC Investment Advisors

Asset Snapshot

Real Estate
Asset Type
Hospitality
Property Type
64
Number of Rooms

Offering Summary

Investment Highlights

  • Adjacent to Eastwood Mall Complex and Event Centre: Trumbull County's primary retail and entertainment anchors sit directly next to the Hotel, driving consistent foot traffic.
  • 64-Room Fairfield Inn, Fee Simple, Clear of Management: Institutionally owned asset offered unencumbered, giving a new owner immediate full operational control at close.
  • Unencumbered by Brand: New owner may pursue an alternative brand strategy, creating a unique repositioning opportunity within the submarket.
  • Diverse Demand Base Across Four Key Segments: Manufacturing, distribution, healthcare, and leisure demand from Lordstown corridor, YARS, and Mercy Health anchor room nights.
  • Middle-Tier RevPAR with Margin Expansion Potential: Consistent comp set positioning points to top and bottom-line upside through revenue management and cost control.
  • No Near-Term Competitive Supply Pressure: Market fundamentals support stable occupancy with no significant new supply threatening near-term performance.
 


Offering Summary

RealINSIGHT Marketplace, in partnership with HREC Investment Advisors, is pleased to present 1860 Niles Cortland Rd SE, Warren, OH — a 64-room Fairfield Inn offered fee simple and free and clear of management. The Property is institutionally owned and managed, well-maintained, and has benefited from recent renovations, with a new owner inheriting a stabilized, move-in-ready asset. Notably, a new owner may elect to pursue an alternative branding strategy, unlocking a repositioning opportunity not commonly available in branded select-service transactions.

The Hotel is positioned along highly trafficked State Route 46 adjacent to the Eastwood Mall Complex and the newly developed Eastwood Event Centre — Trumbull County's primary commercial anchors. Demand is underpinned by the Lordstown industrial corridor, regional distribution operations, the Youngstown Air Reserve Station, and a stable healthcare presence led by Mercy Health's St. Joseph Warren Hospital and Insight Trumbull Regional Medical Center. Leisure and group demand is further supported by Eastwood Field, Kent State University at Trumbull, and regional youth sports activity. With no near-term competitive supply pressure and a deeply entrenched demand base, the asset presents a compelling margin-expansion opportunity for an operationally focused buyer.


Property Tours 

Property tours are available by appointment only on July 21–22 and July 28–29. Please reach out to the HREC team to schedule.

Due Diligence

Transaction Managers

Platform Fee

Buyer pays platform fee at closing.

5% or $25,000 minimum

How it Works

Learn about bidding, reserve prices, and closing.

Read the auction guide

Auctioneer

Thomas Seaman
Auctioneer
License: 2007000016

Need Help?

Your transaction managers are your first point of contact for any auction or process questions. For additional support:

Sold Subject To

This auction has ended. Interested in additional investment opportunities?
Financing Available

Investment Sales Brokers

Scott Kaniewski
HREC Investment Advisors
LB
Laurence Bergman
NAI Bergman
OH License: 348029

Debt Placement Broker

Greg Porter
HREC Investment Advisors

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.