Americas Best Value Inn

Attention Hotel Investors

Hotel Ventures is pleased to present this investment opportunity for your immediate review.

Property: 2426 Oregon RD, Northwood,Ohio 43619 (near Toledo)

Asking Price: Best Offer - suggested pricing $1,200,000

Hotel Ventures John Glasnak 30375 Plymouth O: 734-266-4101 Livonia, MI 48150 C :734-516-7451 Email: [email protected] Area Overview:

The City of Northwood is located in Northern Wood County, and shares boarders with Lucas, and Ottawa County. Within those counties are Toledo, Oregon, Rossford, Lake Township, Perrysburg Township and Allen Township, all of which surround Northwood. Major highways intersect the city making travel plans convenient. Interstate 75 connects with Detroit to the North, and Dayton/Cincinnati to the South. Both major interstates link to the Ohio turn pike. Woodville Road (State route 51) runs northwest to southeast and passes through numerous cities along the way. If traveling by road doesn't sound appealing and Detroit Metro Airport can be accessed by the interstates and turnpike as well.

The City is served by Norfolk & Southern, CSX Railroad, and Port of Toledo Northwood is a great spot to reside due to the diverse living environment. The city offers a small town feel with the opportunity for big city adventures just a few short miles away.

Northwood is centered in an area that offers exceptional educational, technological and cultural resources. At least 25 colleges and universities are within a one-hour drive of the City of Northwood, including the , Bowling Green State University and the University of Michigan. Northwood, Ohio is just a hop, skip, and a jump away from outstanding entertainment and entrepreneurial opportunities for area residents to enjoy. The Northwood school system is rated excellent by the State of Ohio and offers superior teacher/student ratios for strong academic interaction.

Access By Road Located virtually at the crossroads of North America's most accessible highways, Northwood, Ohio is at the center of it all. From Canada to Florida Interstate-75 connects the north and south. Interstate 80/90 bisects I-75 five miles south of Northwood providing direct links between and the east and west coasts. Northwood, Ohio is located within the Toledo Metropolitan Commercial Truck Zone. Because of this, access to the services of some 100 truck lines as well as air freight and United Parcel Services is accessible. Access By Rail Situated in the nation's third largest rail center Northwood, Ohio sits at the crossroads of Midwest rail systems. Major lines from CSX and Norfolk Southern radiate outward in all directions providing easily accessible and cost-effective rail service throughout the U.S. Many local businesses have railroad sidings running directly to their door.

Access By Air Toledo Express Airport, only 20 minutes away, is a hub site for Burlington Air Express one of North America's leading international air freight carriers. Other nearby airports include Cleveland Hopkins to the east and Detroit Metro to the north. Just three miles south of Northwood, Ohio is Metcalf Field with lighted, paved runways for private and corporate aircraft.

Access By Sea Linked to maritime ports throughout the world by the Great Lakes and St. Lawrence Seaway, Northwood, Ohio is served by the Port of Toledo, Ohio. Located on the Maumee River at the western end of Lake Erie, the Port of Toledo is among the leaders in international tonnage handled through the U.S. Great Lakes. This means Northwood can provide local access to one of the most diversified cargo ports in the Great Lakes seaway system. Lake Erie, via the Maumee River, also provides an important source of raw water for industrial users.

Total Access In addition to its accessibility to the nation's best transportation network, Northwood, Ohio is centered in an area that offers exceptional educational, technological and cultural resources. Education, training and job training options to match the needs of any industry abound. Immediately adjacent to Northwood is which specializes in technical education, training and workplace literacy programs. At least 25 other colleges and universities are within a one hour drive, including the University of Toledo, Bowling Green State University, the Medical College of Ohio and the University of Michigan. Centrally located betwen Detroit, Fort Wayne and Cleveland

Located West of Toledo on I-75, Exit 198. Wales Rd.within a 5 minute ride to the new Hollywood Casino Exit 197 In 20 minutes or less you can find:

• and Lodge • Pearson Metropark • Fifth Third Field home of the Toledo Mud Hens baseball team • Huntington Center which host Toledo's Walleye Hockey team along with concerts, and other special events • Toledo Zoo and Aquarium • Toledo Art Museum • Imagination Station • Dave and Busters (coming soon to Toledo) • Hollywood Casino

• In an hour or less: • Cedar Point Amusement Park • Soak City Water Park • Kalahari Indoor Water Park and Hotel • Put-in-Bay • Joe Louis Arena home of the Detroit Red Wings professional hockey team • Ford Field home of Detroit Lions professional football team and host to concerts, and other special events • Comerica Park home of the Detroit Tigers professional baseball team • DTE Energy Music Theatre • Greektown Casino and Hotel

Property Discription:

The property is a three story interior corridor, former Comfort Inn, with a 153 rooms, featuring a banquet room, meeting room, on site resaurant and lounge available for lease or to be operated by a new owner. All rooms include a micro-wave and refrigerator, in a addition the property features Jacuzzi and Kithcenettes Suites

Restaurant / Breakfast Area - 744 square ft., capacity 49 occupant Bar / Lounge - 1023 sq. ft., capacity 49 occupants

Banquet Room - 2,482 sq. ft., capacity 150 occupants

Hotel Lobby

Atrium

Fitness Center

Jacuzzi Suite

Kitchenette Suite

Double Bed Suite King Suite

Room Type:

Non Smoking Kings - 46

Kings - 27

Non Smoking 2 Queens - 19

2 Queens - 11

NS 1 Queen Kitchenette - 19

2 Queen Ktchenette -13

King Jacuzzi - 4

NS 2 Queen Jacuzzi - 9

2 Queen Jacuzzi - 3

2 Queen Handicap - 2

Total Rooms 153 Financial Statistics Summary

Year Room Rev. ADR OCC RPAR

2014 $879,794 $42.41 36.63% $15.21

2015 $655,228 $45.15 26.26% $11.58

2016 $943,466 $45.34 35.26% $115.23

2017 $625,510 $37.90 29.55% $11.20

For further questions and to recieve the full financials for this property, please respond by email requesting a Confidential Agreement

Hotel Ventures John Glasnak 30375 Plymouth Office: 734-266-4101 Livonia, Michigan, 48150 Cell: 734-516-7451 Email: [email protected] Fax: 734-562-346