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18 Ohio Hotel & Lodging Businesses For Sale Found.

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$495,000 Cash Flow: $92,159
50% FINANCING AVAILABLE:Absentee Rental Empire! 18.61% CAP rate. UPDATED: FINANCIALS AND CASHFLOW ANALYSIS ATTACHED !

Cleveland, OH

ATTENTION OUT OF TOWN INVESTORS! GREAT CAP RATES IN CLEVELAND ! 18.61% PORTFOLIO PACKAGE CAP RATE! --->PLEASE DOWNLOAD THE ATTACHED FINANCIALS AND CASH FLOW ANALYSIS WHICH WILL GIVE YOU A MORE COMPLETE PICTURE<-------- Are you ready to get into the real estate game? Want to own your own INSTANT rental empire? Complete landlording business “in a box” with salaried w-2 property manager being paid $1400/month and very happy with that. Ideal for out of town absentee landlord who wants to get into the real estate game. Reason for selling:pursuing other business opportunity. ALL CASH OFFERS ONLY. NO BANK FINANCING ACCEPTED. TOTAL STRUCTURES:11 TOTAL UNITS:20 units over 11 structures ASKING PRICE:$495K Can be run as an absentee and out of town business. Single employee onsite manages everything. own a portfolio of completely rented properties with guaranteed government Section 8 rent on the "West Side" of Cleveland. The total number of structures is 11 with 20 total units. This is enough to employ ONE full time property manager who I have on board right now and knows every single property and can manage the tenants well. She is super diligent and pays very close attention to detail. Our property manager is awesome and does a great job of running everything "turn key". She will stay in daily contact with you and handle all of the tenants for you. If you already own other properties, she can manage those for you as well. This portfolio of properties will only be sold as a package deal so that this property manager can retain her full time position managing these properties. Ideal for an “out of town” landlord. We have predominantly Section 8 tenants with a mixture of CMHA and Eden tenants. We have some private pay tenants as well, all of whom are paying their rent on time. Rent will be sent electronically by ACH deposit for the Section 8 tenants directly to your bank account. There are some small copays the tenants make. Our employed property manager goes to meet with each tenant each month and collect these copays. At the same time she gets “eyes on the property” several times each month. Our property manager knows the whole CMHA and Eden process and often goes down to Eden and CMHA offices to submit paperwork, make adjustments and clarifications. She can teach you the whole process of Section 8 rentals and manage it all for you. Our property manager is “on call” for our tenants 24/7 and responds quickly to all tenant and property issues. You will NOT find another portfolio like this that comes with an employed property manager making the whole business “turn key”. Many of the properties are NEWLY REHABBED and we can provide contractors invoices/receipts and we can introduce you to the contractor who did all the work and can answer any questions you may have. I can show you the ropes and the whole portfolio runs on autopilot with the single employee managing everything. All you have to do is provide some basic supervision and collect the monthly rental income.

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$995,000 Seller Financing
Amish Country Inn For Sale Beautiful, renovated Inn for sale in heart of Amish Country

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%

$2,200,000
Historic Gustavus Inn Surrounded by Glacier Bay National Park In Gusta Historic Gustavus Inn Surrounded by Glacier Bay National Park In Gusta

Gustavus, OH

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 Access

$590,000 Seller Financing
Cleveland Downtown Bar *Patio*

Cleveland, OH

Cleveland Downtown Entertainment Expansion District Restaurant Bar with Lounge, Well Established Dining & Carry Out Food Entrees, Attractive "District" Market Lease 5 year plus options plus options, as well as Attractive Seller(s) Financials & Tax Returns based on Current Venue(s) Huge Expansion Venue(s)

$2,350,000 Cash Flow: $200,000 Seller Financing
Columbus Grove City Motel Unbranded Motel

Grove City, OH

$2,350,000 Plus Inventory for Columbus Motel, Strong Sales. 100 Room Property, Large 4 Acre lot with a Vacant Restaurant on the premises. New Roof & HVAC and other Major Components, 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 Information and Showings or visit us at www.SalehGroup.com

$2,350,000 Cash Flow: $200,000 Seller Financing
Columbus Grove City Unbranded Motel

Grove City, OH

$2,350,000 Plus Inventory for Columbus Motel, Strong Sales. 100 Room Property, Large 4 Acre lot with a Vacant Restaurant on the premises. New Roof & HVAC and other Major Components, 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 Information and Showings or visit us at www.SalehGroup.com

$1,500,000 Seller Financing
Motel 6 - I-70, Buckeye Lake and Columbus, Ohio

Buckeye Lake, OH

Just signed with Motel 6, Owner now in the process of renovations. 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.

$1,600,000
All American Inn - Norwalk, Ohio

Norwalk, OH

Easy to manage, independent hotel. Excellent opportunity for owner-operator or first time buyer. No franchise fees, no franchise PIP, no franchise issues. Save Thousands of Dollars. Located along US Highway 250-close to Cedar Point Amusement Park and Sandusky, Ohio. Price per Room: $25,000 Room Revenue: $558,708 Occupancy: 27.5% ADR: $87.09 Rev Multiplier: 2.86

$4,900,000
Holiday Inn Express - Heath, OH

Heath, OH

Room Revenue: $ 1,613,881 Occupancy: 71.0% ADR: $ 98.86 Rev. PAR: $ 70.19 Rev. Multiplier: 3.03 Revenue per Room: $ 25,617.15

$1,350,000
Americas Best Value Inn - Columbus, OH

Columbus, OH

Room Rev: $561,276 Rooms Sold $10,819 Occ: 33.68% ADR: $51.88

$3,950,000
Holiday Inn Express & Suites - Tiffin, Ohio

Tiffin, OH

Room Revenue: $1,371,796 Occupancy: 78.5 % ADR: $79.80 Rev. PAR: $62.64 Rev. Multiplier: 2.8 Revenue per Room $22,863.26

$2,950,000
Hawthorn Suites - Dayton

Dayton, OH

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%.

$4,100,000
Hawthorn Suites - Columbus

Columbus, OH

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%.

$1,850,000
EconoLodge - Streetsboro

Streetsboro, OH

~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

$545,000
Campground for sale in OH, park #342

OH

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




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