In Brief: The 101-room Courtyard Akron Stow Hotel in Stow, Ohio, has been listed for sale, with CBRE Hotels serving as the exclusive agent.
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Courtyard Akron Stow Hotel – Image Credit CBRE
CBRE Hotels has announced the listing of the Courtyard Akron Stow Hotel for sale. The property is a four-story hotel with 101 rooms, located in Stow, Ohio. The hotel was built in 2012 and sits on a 5.01-acre site.
Amenities and Features
The hotel includes several amenities for guests. These include a Bistro-Eat.Drink.Connect dining area, complimentary Wi-Fi, a boardroom for meetings, a fitness center, and an oversized swimming pool. Guest rooms are equipped with flat-screen televisions, work desks with lamps, coffee makers, and microwaves.
Location and Accessibility
The Courtyard Akron Stow Hotel is situated near the Cleveland Clinic Akron General Health & Wellness Center. The property is also in proximity to several other demand generators, including Kent State University, NMG Aerospace, P3 Infrastructure, and MATCO Tools. The location provides access to State Route 8 and to Interstates 76, 77, and 80.
Market Information: Stow, Ohio
Stow is a suburban city in Northeast Ohio, located northeast of Akron. The city has a population of over 34,000. Stow is positioned near major highways, including State Route 8 and Interstates 76, 77, and 80, which provide access for both residents and businesses.
Economic Environment
Stow’s economy includes a range of businesses. The city has established Community Reinvestment Areas (CRAs), which provide property tax incentives intended to encourage business expansion and new development. These incentives are part of the city’s policies to support economic growth.
Sale Process
CBRE Hotels is serving as the exclusive agent for the solicitation of offers to acquire the fee-simple interest in the Courtyard Akron Stow Hotel. The sale includes the hotel’s real estate and operating business.
Inquire at CBRE.
