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$ 1,450,000
Est. payment /mo
New
5169 Lake (SR 531) RD Geneva, OH 44041
0.5 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Subdivision Geneva-On-The-Lk
MLS Listing ID 5116532
HOA Y/N No
Year Built 1967
Annual Tax Amount $4,245
Tax Year 2024
Lot Size 0.500 Acres
Acres 0.4998
Property Sub-Type Hotel/Motel
Property Description
Turn-Key 17-Room Motel Fully Remodeled & Income-Ready!
This completely updated 17-room motel offers a prime investment opportunity with year-round potential! The property includes (4) double occupancy rooms, (1) handicap-accessible room, and (12) single king rooms, all fully furnished.
Amenities include a welcoming office, common area for games or breakfast, hospitality/storage space, public and worker baths, pool house, and an in-ground pool with a waterfall feature.
Everything is included: linens, bedding, room furniture, patio furniture, refrigerators, heating/cooling units, and hospitality-grade TVs making this a seamless, turn-key opportunity.
Currently generating strong seasonal income from Memorial Day through early September, this motel has the potential to operate year-round for increase revenue.
Don't miss this profitable, move-in-ready hospitality investment! Contact us today for more details. New smart locks installed with remote access to save on payroll!
This completely updated 17-room motel offers a prime investment opportunity with year-round potential! The property includes (4) double occupancy rooms, (1) handicap-accessible room, and (12) single king rooms, all fully furnished.
Amenities include a welcoming office, common area for games or breakfast, hospitality/storage space, public and worker baths, pool house, and an in-ground pool with a waterfall feature.
Everything is included: linens, bedding, room furniture, patio furniture, refrigerators, heating/cooling units, and hospitality-grade TVs making this a seamless, turn-key opportunity.
Currently generating strong seasonal income from Memorial Day through early September, this motel has the potential to operate year-round for increase revenue.
Don't miss this profitable, move-in-ready hospitality investment! Contact us today for more details. New smart locks installed with remote access to save on payroll!
Location
State OH
County Ashtabula
Interior
Heating Electric, Other
Cooling Wall Unit(s)
Fireplace No
Exterior
Parking Features Driveway, Paved
Water Access Desc Public
Roof Type Flat,Metal
Building
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
Schools
School District Geneva Area Csd - 404
Others
Tax ID 210300005900
Security Features Security System
Listed by Clorice L Dlugos • McDowell Homes Real Estate Services • cloricedlugos@gmail.com 440-812-2542