Holiday Inn & Suites Lima, a four-story, 116-room hotel in Lima, Ohio, sold for $11 million–equaling $95,000 per room, according to Marcus & Millichap.
The interior-corridor hotel is located at 803 South Leonard Ave. in Lima, which is just over an hour drive from Columbus. Common area amenities include an indoor pool, a fitness center, business center, meeting room, on-site restaurant, ice machine, and free breakfast, newspaper and Wi-Fi.
Alexandre Duong, associate vice president investments in Marcus & Millichap’s Cleveland office, represented the seller and procured the buyer.
