3537 Liberty Ave - Hospitality FOR SALE
Vermilion, OH 44089 |
$1,200,000 USD
440-320-9888
3537 Liberty Ave
Vermilion, OH 44089
HIGHLIGHTS
- 3537 Liberty Rd is a 17-unit motel in Vermilion, Ohio, offering instant cash flow and convenience.
- The property includes a cozy 2-bedroom house, coin-operated laundry room, a spacious pole barn, and a 180 x 70 vacant lot.
- The property also features a 1200 sq ft 2-story high pole barn for storage and potential rental.
- This opportunity is perfect for experienced investors or newcomers seeking a profitable venture in Vermilion.
OVERVIEW
Call Listing agent for all questions and showings. Proof of Funds or pre-approval required before showing. This property includes 9 parcels. 0100003129001 & 0100003129002 & 0100003129003 & 0100003129004 & 0100003129005 & 0100003129010 & 0100003129011 & 0100003129012 & 0100003129013. Copy and paste for more business website: https://www.villageinnohio.com/about_us 6-Sleeping Units @$200/week. 5-Small Units @ $275/week. 6-Large Units $300-$325/week
FOR SALE DETAILS
PRICE
$1,200,000 USD
PRICE/SF
$154 USD /SF
# OF ROOMS
17
PRICE/ROOM
$70,588 {currency}
CAP RATE
14.58%
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
The Village Inn & Efficiencies
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
1
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1950
PARKING SPACES
20
LAND DETAILS
LAND ACRES
0.56 AC
LAND SF
24,394 SF
ZONING
Motel
APN/PARCEL ID
01-00-003-129-001
ASK ABOUT THIS PROPERTY
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440-320-9888
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440-320-9888
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