6161 US Route 127 N - Hospitality FOR SALE


Eaton, OH 45320
$1,500,000 USD
714-353-8917
6161 US Route 127 N, Eaton, OH for Sale
$1,500,000 USD
Hospitality - FOR SALE
1/4
null | Request Cap Rate

6161 US Route 127 N
Eaton, OH 45320


OVERVIEW

Introducing the New Budget Inn nestled at 6161 US Route 127 N, Eaton, OH 45320. This promising investment opportunity boasts a 22,456 SF building set on 8.32 acres of land. Featuring 35 cozy rooms, this established inn offers a charming stay experience for guests. Built-in 1967 and zoned LC-1, the property presents a range of possibilities for the savvy investor. Priced attractively at $1,500,000, with a competitive price per key of $42,857 and a price per SF at $66.80, this venture is poised for success. Surrounding demographics show a steady growth trend, with median household incomes ranging from $67,791 to $70,499. With a rich pool of amenities and a well-maintained structure, the New Budget Inn stands as a lucrative venture in the vibrant hospitality market. Don't miss out on this exceptional opportunity to add value to your portfolio and captivate guests in the heart of Eaton.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$67 USD /SF

# OF ROOMS

35

PRICE/ROOM

$42,857 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New Budget Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1967

PARKING SPACES

80

LAND DETAILS

LAND ACRES

8.32 AC

LAND SF

362,523 SF

ZONING

LC-1

APN/PARCEL ID

I27-9235-3-0-00-000-2000

ASK ABOUT THIS PROPERTY

Silvestre Madrigal JrC21 AllStars, Commercial & Investment GroupMore Info
714-353-8917

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Silvestre Madrigal JrC21 AllStars, Commercial & Investment GroupMore Info
714-353-8917

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