CBRE has listed the TownePlace Suites Findlay in Ohio for sale. The hotel holds 85 rooms at 2501 Tiffin Avenue. The offering includes fee-simple interest in the property, so a buyer would own the hotel and the real estate under it.
The building covers 50,548 square feet across three storeys, which works out at about 594 square feet per key. The property trades under Marriott International's TownePlace Suites brand.
The operating structure on offer
CBRE is marketing the hotel without an existing management agreement. A buyer could appoint a management company or set up another operating structure, and either route runs subject to the terms of the hotel's franchise licence.
The listing excerpt carries no construction date and no franchise term.
What the trailing figures show
The hotel recorded trailing 12-month revenue per available room of $78 through August 2026. Run across 85 rooms and 365 nights, that figure implies about $2.42 million of rooms revenue for the year.
The property also posted a revenue generation index of 132 per cent over the same period. An index of 100 per cent matches a defined set of competing hotels, so 132 per cent puts this hotel's RevPAR 32 per cent above its comparison group.
CBRE did not identify the hotels in that competitive set. The marketing materials carry no separate occupancy figure and no average daily rate, so the split between the two components of the $78 is unpublished.
The unit mix and the building
The three-storey hotel holds 59 studio units, 13 one-bedroom units and 13 two-bedroom units. Studios account for 59 of the 85 keys, or about 69 per cent of the inventory.
Amenities include complimentary breakfast, a business center, a fitness center, an outdoor swimming pool and Wi-Fi. The site carries 98 surface parking spaces, roughly 1.2 per key, and two passenger elevators.
Building information supplied with the listing describes a concrete slab-on-grade frame, an asphalt-shingle roof, insulated windows and a full sprinkler system. Guest rooms run on packaged terminal air-conditioning and vertical terminal air-conditioning units.
The demand case
Findlay sits in Hancock County in northwest Ohio and serves as an industrial, logistics, health care and business center for the region. The hotel stands near the U.S. Route 224 commercial corridor, which reaches employers, medical facilities, retail properties and other sources of local lodging demand.
CBRE cited $2.5 billion of regional capital investment during the past 11 years. Its materials also describe Findlay as a top-ranked U.S. micropolitan area for 11 consecutive years. The listing excerpt names no organisation behind that ranking and sets out no criteria for it.
A micropolitan area centres on an urban population of at least 10,000 and fewer than 50,000 residents.
What a buyer is pricing
The extended-stay format serves guests who need lodging for longer periods. Corporate travelers, project workers and leisure visitors form the stated demand base.
CBRE described the hotel's financial performance as stable. It named potential operational changes and capital improvements as routes for a new owner to raise revenue.
The listing carries no asking price, no capitalization rate, no expected sale date, no bidding deadline and no financial terms. A revenue manager reading the sale for a comp set has the index and no occupancy or rate to test it against.