Highly Profitable venture with above industry average occupancies, RevPar, with long term history of growth and reinvention. Strong Cap Rate and Return for an absentee investor as well as a satisfying and rewarding lifestyle for the innkeeper/owner.
Mansfield Market with C1 & C2 Class Permits with large retail display sections stocked with high demand consumer convenience products, wall to wall coolers offering a variety of Craft Beer selections a with Fine Wine Display and Large Lotto, Large Parking Lot(s) New 2015 LOTTO Commission Sales ATTRACTIVE 2014 TAX PLUS NEW 2015 RECORD SALES
Parcel Size 5.37 Acres or 234,750 square feet. Subdivided into three parcels Lot A has 4.23 acres or 184,250 square feet Lot B has .92 acres or 40,000 square feet Lot C has .24 acres or 10,500 square feet Buildings Inn 7,200 sq.ft. Inn has 13 guest rooms, 11 with private baths. In addition to the guest bathrooms there are 3 other public baths. Inn was started as a homestead home in 1925. It has been extensively remodeled and added to since then. Most of the major work has been done by the seller in stages since 1987. Last job in 2012 was a complete remodel of the kitchen area. All up to code and fire Marshall approved. The old work on the Inn is concrete and treated pilings with treated perimeter walls added later. New foundation work is treated perimeter stub walls on concrete footings. The Inn has 1,000 square feet of covered decks. House 3 floors with attached heated garage. Total square footage without garage is 2697, with garage 3075. 1st floor is 852 square feet. Includes mud room, 2 bed rooms and full bath, covered front and back porches. This is the 2 room suite rented as a guest room. 2nd floor is 1120 square feet. Includes kitchen, dining, living rooms, 2 bed rooms and full bath. 3rd floor is 720 square feet and includes 3 bed rooms and half bath. Garage is 378 square feet. Built by Dave Lesh in 1985. 2 x 6 construction with perimeter concrete and treated wood foundation. Composite shingle roof, hydronic oil fired boiler heat and hot water, propane stove and dryer. Several other out buildings Greenhouse: 28' X 16' with attached 28' X 12' shop. Wired and plumbed with cold water wood frame with lexan and metal roofing 784 square feet Generator/storage building: 24' X 16' wood framed with composition roof wired no plumbing 384 square feet Freezer and grain storage building: 26' X 8' with 5' X 6' addition. wood frame with composition roof wired no plumbing 238 square feet Pump house: 10' X 11' with water softener, mineral filter and expansion tank. wood frame, concrete slab, super insulated, heated, wired and plumbed 110 square feet Large covered area: 50' X 14' fire wood, winter car port and dry storage. 4 x 6 treated posts with composition roof Large covered area: 33' X 20' for winter car port and dry storage 4 x 6 treated posts with composition roof Bike shed: 44' X 8' open building for storing bikes during summer and cars over the winter. yellow cedar posts with metal roof no power or plumbing Root cellar: 16' X 15' earth covered building, steel and concrete. Winter freeze proof storage, wired no plumbing 240 square feet Compost: 8' X 12' compost building Burn building: rough 10' X 8' wood frame with metal roof for storing trash Gardens: 2 well established organic gardens #1-50' X 150', #2-25' X 75' Taxes No Real Estate Taxes or Zoning Utilities City electric , private well is 35 feet deep producing approx. 20 gals/min, public water system #AK 2130237. Last sanitary survey was done in 2012. All systems are inspected. Private septic system, Satellite TV, Internet Access3
Walnut Creek, OH
This is a quaint 22 room inn in the heart of Amish Country Ohio. Holmes County Ohio is home to the largest Amish community in the whole country. The inn is located within walking steps to gift shops, bakeries, and restaurants and sits on top of a hill overlooking the beautiful Walnut Creek valley. All rooms have been renovated in the past couple years so no work will need to be done. A beautiful new office & continental breakfast building was opened just 2 years ago. The 1600 sq feet lower level of the office building can be easily finished to make living quarters for manager or owner. Business has grown steadily every year for 5+ years. Amish Country is the 2nd most visited tourist destination in Ohio and continues to grow. New shops, restaurants, furniture stores and attractions continue to be built. We must sell due to a out of state transfer but the outlook for the business and the area are excellent. ** Selling at 2014 bank appraised value ** NOI - $105,000 Cap Rate - 11%6
One of the 1st Hocking Hills Ohio cabin rentals, Frontier Log Cabins is nestled in the Hocking Hills region of SE Ohio, minutes away from 7 Ohio State Parks like Old Man’s Cave, Ash Cave, & Cedar Falls. An incredible opportunity to take over a solid, established, profitable business! Over 20 years of return clients, this is turnkey. Owner lives in main home & other 5 FURNISHED dwellings make up rental business. 3 are orig 1800s Hocking Co cabins! This is a rare chance to step into a thriving business that lets you live & work in the beautiful Hocking Hills! These well maintained, clean cabins rent themselves w/return clients & new referrals every day! 2 pole barns are also included. RE as well as the Book of Business! Owner will train new owners on operation & Maintenance & booking. DONT MISS THIS!
Located along Interstate I-75 and close to the intersection of I-75 and I-70 on the north side of Dayton, Ohio. ? Close to several demand generators including Dayton Airport, Boonshoft Museum of Discovery, National Museum of the US Air Force, Hara Arena, Dayton Art Institute, Dayton Convention Center and Dayton Expo Center. ? All units are 2-room Suites. ? High occupancy of 81.7%.
Located along Interstate I-71 and close to the intersection of I-71 and I-270 on the north side of Columbus, Ohio. ? Close to the Ohio Expo Center (State Fairgrounds) and many demand generators on the north side of Columbus and only 15 miles from downtown Columbus. ? All units are 2-room Suites. High occupancy of 84.5%.
~Located along Interstate I-80, the major route from New York to Chicago and Western US ~Near many restaurants, shopping and service providers ~Interior Corridors, brick exterior ~Increasing Revenues, up 20% in 2015
Beautiful 9 acre lake with sandy beach creates a peaceful setting for this family campground. +/- 38 acres with approx 182 sites. Amenities include a store, bathhouse, gameroom, pavilion, rental cabins, playground, mini-golf, paddleboats, sewer treatment plant, large maintenance building AND a 4 bedroom TRADITIONAL owner's home. Open April thru October allows owners to have time off in the winter season. 2014 Gross income $157,713. Sales price $545,000 with $145,000 downpayment For more info contact Melinda Mimms at campgroundsforsale.com at 828-452-1535
Room Revenue $304,630 Revenue Multiplier: 3.2
Buckeye Lake, OH
Price Reduced!! 92 room Hotel Property with the Econolodge Branding. Directly Off of Interstate 70 with Great Visibility! At the Exit for Buckeye Lake and just 40 miles East of Downtown Columbus Ohio. Located at the Exit for One of Central Ohio's best Known Lakes - Buckeye Lake! Located only 0.8 miles from the Buckeye Lake waterfront and a 10-minute drive from Heath City Water Park. There's an on-site guest laundry, with plenty of space for buses and trucks. Many recent Renovations including a New Metal Roof on the whole Property! Closest Hotel to Buckeye Lake! Adjacent to McDonalds, close to Wendy's, Taco Bell and Gas service station all at this exit.
South Point, OH
This is a four story interior corridors weekly motel recently refurnished. The owner has sold all his other motels and is retiring. The motel is doing around $850K annually and there has been a steady increase in business as more rooms ger refurnished. Principals Only Please. Call Gill at 678 457 7611
Columbus Grove City Unbranded Motel business for sale in Ohio. $2,350,000 plus inventory. Strong sales. 100 room property. Large 4 acre lot with a vacant restaurant on the premises. New roof. Property remodeled well. Profitable operation. Great opportunity for increased revenue with right owner operator. Please do not disturb employees. Call the Saleh Group at 614-500-8500 for more info and showings or visit us at www.salehgroup.com Location: Grove city, Ohio ACQUISITION HIGHLIGHTS 24 hour 5ft 8pt 2m Financials based on seller statements and available upon request with confidentiality agreement Great opportunity for right owner operator Newly remodeled 100 room motel. New roof, HVAC and other major components. Adjacent to a Restaurant owned by same seller which can be attached to this transaction. Profitable operation. Established business Financing Information: Seller to assist with financing Training Information: 2 weeks This business is not a franchise
- Price: $1,975,000 - Room Revenue: $632,204 - Built in 1998 - Interrior Corridors, Elevator, Indoor Pool, Meeting Rooms, Fitness Center, Guest Laundry - Absentee, Out-of-State Owner - Underperforming hotel in a strong market
Great location off 2 major interstates with LOTS of tourist attractions. Think roller-coasters, amusement parks, zoo, museums, speedways and more!. LOTS to bring campers to the area. Well-established full facility RV park provides all the amenities the modern camper is looking for PLUS a modern spacious owner"s home. +/- 13 acres includes room to expand. Thriving store and approx. 60 sites with rental cabins produces income of $285K. WOW that comes to $4,750 gross on a per site basis. That is almost double the average of other parks. 2014 Gross estimate $285,000 $1,025,000 Sales Price with $335,000 downpayment For more information contact Melinda with Darrell Hess & Associates, Brokers www.campgroundsforsale.com email@example.com 828-452-1535 office
Room Revenue $1,465,491 Occupancy 56.5% ADR $57.26 Rev. Multiplier 2.66 Price per Room: $ 31,451.61
Lake County, OH
Established business with High Occupancy & Great Potential in need of a new owner. Building has a pleasant dining room, sun room and rooms that will fit one or two tenants. Contact us for location and additional information.
Room Revenue $266,952 Occupancy 40.75% ADR $56.08 RevPAR $22.85
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