Property Overview
Property Address
4277 W 150th St Cleveland, OH 44135
Current Use
Operating hotel with 372 rooms
Proposed Use
Zoning Variance Approved
Total Rooms
372 rooms
Land
8.36 Acres
Amenities
Fitness Center, Indoor Pool, Business Center, Complimentary Airport Shuttle Service, 14,000+ Sqft Meeting/ Event Space
Deal Overview
The Nevarez Group of Marcus & Millichap’s National Hospitality Division, as an exclusive representative of the seller, is pleased to present for sale to qualified investors, The Cleveland Airport Wyndham.
The Cleveland Airport Wyndham, a full-service hotel, is strategically located near Cleveland Hopkins International Airport, Ohio’s busiest airport, serving over nine million passengers annually. With easy access from I-71 and the West 150th Street thoroughfare, and just 15 minutes from Downtown Cleveland, this property offers an exceptional opportunity for redevelopment, particularly for conversion to multifamily or senior housing.
The hotel is zoned General Retail, which allows for all types of housing developments, making it ideal for rental conversions, per City of Cleveland. Additionally, the City of Cleveland has demonstrated a favorable stance toward these types of conversions, offering guidance and support to investors looking to repurpose properties to meet the evolving needs of the market. This makes The Cleveland Airport Wyndham an even more attractive investment opportunity.