Institutional Seller | Fairfield Inn Warren Niles

Starting Bid $1,500,000

Auctioneer: Thomas Seaman

Auctioneer Company: Auctioneer

Auctioneer License: 2007000016

• Adjacent to Eastwood Mall Complex and Event Centre: Trumbull County's primary retail and entertainment anchors sit directly next to the Hotel, driving consistent foot traffic.
• 64-Room Fairfield Inn, Fee Simple, Clear of Management: Institutionally owned asset offered unencumbered, giving a new owner immediate full operational control at close.
• Unencumbered by Brand: New owner may pursue an alternative brand strategy, creating a unique repositioning opportunity within the submarket.
• Diverse Demand Base Across Four Key Segments: Manufacturing, distribution, healthcare, and leisure demand from Lordstown corridor, YARS, and Mercy Health anchor room nights.
• Middle-Tier RevPAR with Margin Expansion Potential: Consistent comp set positioning points to top and bottom-line upside through revenue management and cost control.
• No Near-Term Competitive Supply Pressure: Market fundamentals support stable occupancy with no significant new supply threatening near-term performance.

RealINSIGHT Marketplace, in partnership with HREC Investment Advisors, is pleased to present 1860 Niles Cortland Rd SE, Warren, OH — a 64-room Fairfield Inn offered fee simple and free and clear of management. The Property is institutionally owned and managed, well-maintained, and has benefited from recent renovations, with a new owner inheriting a stabilized, move-in-ready asset. Notably, a new owner may elect to pursue an alternative branding strategy, unlocking a repositioning opportunity not commonly available in branded select-service transactions.

The Hotel is positioned along highly trafficked State Route 46 adjacent to the Eastwood Mall Complex and the newly developed Eastwood Event Centre — Trumbull County's primary commercial anchors. Demand is underpinned by the Lordstown industrial corridor, regional distribution operations, the Youngstown Air Reserve Station, and a stable healthcare presence led by Mercy Health's St. Joseph Warren Hospital and Insight Trumbull Regional Medical Center. Leisure and group demand is further supported by Eastwood Field, Kent State University at Trumbull, and regional youth sports activity. With no near-term competitive supply pressure and a deeply entrenched demand base, the asset presents a compelling margin-expansion opportunity for an operationally focused buyer.