For Auction
Asset Snapshot
Investment Highlights
Offering Summary
Brokered by CBRE and powered by RealINSIGHT Marketplace, the Holiday Inn & Suites Lima is a 116-room, full-service hotel offered as an REO sale unencumbered by brand and management. New ownership may retain the IHG flag, operate independently, or convert to an alternative select- or limited-service brand. The hotel generates $2.3M of in-place rooms revenue and includes an on-site restaurant and meeting space. Year-to-date revenue is up 31%, and RevPAR has risen from 77% to 89% year-over-year, all with limited capital investment and no major PIP. The Property still under-penetrates its competitive set, leaving a clear path for a buyer-led PIP and dynamic revenue management to drive RevPAR growth. The Hotel occupies a prime site at the I-75 and SR 309 interchange, Lima's main commercial corridor, with direct exposure to healthcare, industrial, logistics, and leisure demand. The broader Lima market is strengthening, with RevPAR up 14% year to date through August 2026 on a 7.9% occupancy gain.
Due Diligence
Location
The Holiday Inn & Suites Lima sits at the main commercial interchange along I-75, the primary north-south artery through northwest Ohio, offering strong visibility and easy access. The Lima/Allen County economy is anchored by major healthcare, industrial and retail employers, and the local lodging market posted a 14.3% RevPAR increase year-to-date through August 2026.
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Platform Fee
Buyer pays a minimum platform fee of 5% or $25,000 at closing.
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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.
