44077 Oberlin Elyria Rd - Hospitality FOR SALE


Oberlin, OH 44074
$900,000 USD
440-665-4884
44077 Oberlin Elyria Rd, Oberlin, OH for Sale
$900,000 USD
Hospitality - FOR SALE
1/59
null | 14% Cap Rate

44077 Oberlin Elyria Rd
Oberlin, OH 44074


HIGHLIGHTS

  • Best Priced in area
  • Seen from Highway
  • Good stay option for Visitors to Oberlin College

OVERVIEW

Great investment opportunity with this turn key property located just off RT 10 in Oberlin, Ohio. Newly Renovated rooms. Queen and King bed upgrades. Large Fridge and microwave in each room. Some rooms family friendly with bunk beds. Roof replaced on main last year. Property also has 3 bed 2 bath home on property along with a 3 car garage and a 10 x 10 storage shed. Ample parking for Motel guests as well as covered parking for some units. This has all the makings to get a new investor running and making profit fast or to add to the portfolio of a long time investor! Current owner has limited check in hours to standard business hours. Much more potential to capture business that wants to check in later than 4p. Reach out today to set up a private tour!

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$117 USD /SF

# OF ROOMS

23

PRICE/ROOM

$39,130 {currency}

CAP RATE

14%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The J.C. Huffman Country Inn & Motor Lodge

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1950

PARKING SPACES

46

LAND DETAILS

LAND ACRES

3.39 AC

LAND SF

147,668 SF

ZONING

Motel

APN/PARCEL ID

09-00-099-000-030,09-00-099-000-052

ASK ABOUT THIS PROPERTY

Chris RoffHoward HannaMore Info
440-665-4884

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Chris RoffHoward HannaMore Info
440-665-4884

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.