Thank you for your interest in this amazing opportunity to acquire this high-revenue 78-room Residence Inn by Marriott located in Youngstown, Poland, OH. This extended-stay hotel is situated in a high-demand market close to Cleveland offering a convenient location for travelers. The Residence Inn offers spacious extended-stay suites with separate living, and sleeping rooms and a fully equipped kitchen in each suite. The Hotel Offers complimentary breakfast, free Wi-Fi, an outdoor pool, and a fitness center. The Residence Inn is part of the Marriott family of hotels and is considered the best and most sought-after brand in America, with a massive and lucrative customer loyalty rewards program for frequent travelers. MARKET OVERVIEW/PROPERTY OVERVIEW: The most significant element of this deal is that the Hotel is already the market leader with an REV PAR exceeding $110.00, the Hotel is Intuitionally owned and managed by Aimbridge Hospitality, America’s largest management company. Those two factors alone explain the issues of financial and expense mismanagement at the hotel since both Institutionally owned and Large institutional management companies have excessive fees, management expenses, and inefficient operations. The hotel is operating at a high occupancy and high ADR even when it requires a Full PIP from Marriott, demonstrating the strength of the market and the Residence Inn Brand. A new Buyer with few hotels and a smaller leaner management style will significantly improve the hotel’s bottom-line and overall profitability, expense controls are far easier to institute than increasing revenue. Since the occupancy at the hotel is already at 87% our recommendation is upon completion of the PIP, the new owner increase the rates higher even at the cost of occupancy to drive higher profitability to the hotel’s bottom line. The hotel is Priced to sell as the current ownership is liquidating all its assets to diversify into other businesses. Offered at $8,500,000 (3.1 X Revenue “After” the estimated $20,000 per room PIP), the hotel is a bargain. The challenge is that a new Buyer will have to have sufficient down payment and management experience to overcome the challenge due to the poor Net Income the hotel currently shows based on the Institutional ownership and institutional management company. The Hotel PIP complete and properly managed will be a small gold mine for any discerning buyer. Investment Highlights Priced to sell at $8,500,000 High Revenue Hige Demand Market Convenient Location Highly Sought After Marriott Brand