Price Reduced Motel 6 - I-70, Owner Financing!!!

Buckeye Lake, OH (Licking County)

Seller Financing Available
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Asking Price: $1,500,000

Cash Flow: N/A

Gross Revenue: $500,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: N/A

Price Reduced Motel 6 - I-70, Owner Financing!!!

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Business Description

45 rooms of the 90 have just been completely renovated to the new Motel 6 specs. Sales Revenue for 2017 has already increased by $100,000 and the new rooms just recently came on line for occupancy.

Buckeye Lake, resort, just reopened to full capacity and sales will increase in 2018 due to New Motel Flag, newly renovated rooms and higher summer traffic due to the Lake and events, concerts, boat races etc etc.

New Truck Stop being built on adjacent Property!!

Partial Owner Financing may be avail to credit Buyers !!

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. Three bedroom Owners Condo.

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.

Detailed Information

Location:
Buckeye Lake, OH
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Facilities:
Price Reduced, Owner Financing!! 92 room Hotel Property just signed by Motel 6 Directly Off of Interstate 70 with Great Visibility! 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!
Competition:
Closest Hotel to Buckeye Lake! Adjacent to McDonalds, close to Wendy's, Taco Bell and Gas service station all at this exit.
Growth & Expansion:
Plenty of room to improve sales.
Financing:
yes, 25% down
Support & Training:
Owner will train.
Reason for Selling:
Owner is selling to obtain cash for another Investment.
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Contact the Seller

(from currently available funds)
 
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Ray Massa

Business Listed By:
ray massa

National Investment Realty, LLC

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