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Errol D'Souza
Laurel Real Estate Co. 

P.O. Box 284 
Galena, OH 43021-0284
Office: 740-965-1966
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Sold for $72,116 Sold

415 Milan Avenue
Norwalk, OH 44857

Residential
Property Photo
1/9

Sold

Sold for $72,116 on Jul 21, 2016

Description

All American Inn & Suites - 64 units Independent Hotel - No Franchise Fees, No Franchise PIP, No Franchise Issues, Save Thousands of Dollars Per Year * 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 per year. * Interior Corridors, 3 Floors, Indoor Pool, Meeting Room, Elevator * Located along US Highway 250 - Close to Cedar Point Amusement Park and all the attractions in Sandusky, Ohio.

Features

  • Acreage: 1.5 acres
  • ADR: $87.09
  • Amenities: Indoor Pool, Meeting Room, Elevator
  • Corridor / Floors: Interior / 3 Floors
  • Occupancy: 27.5%
  • Price Per Room: $25,000
  • RevPAR: $23.92
  • Rm Rev Multiplier: 2.8
  • Room Revenue: $558,708
  • Total Revenue: $565,038
  • Type: Limited Service, Economy
  • Year Built: 1990

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