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Errol D'Souza
Laurel Real Estate Co. 

P.O. Box 284 
Galena, OH 43021-0284
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Sold for $12,517 Recently Sold

2119 West Cleveland Road
Huron, OH 44839

Residential
Property Photo
1/11

Sold

Sold for $12,517 on Jan 25, 2017

Description

Quality Inn * 42 units 42 units * Revenue $451,817 * Interior Corridors - Excellent condition, very small PIP. - SBA Financing approved for a qualified owner-operator with 20% cash down. - Excellent opportunity for owner-operator who can directly supervise the daily operations at the hotel and pay close attention to details. The hotel is presently owned and operated by a large company that owns several other hotels in the area.

Features

  • Acreage: 1.5 acres
  • ADR: $84.14
  • Amenities: Indoor Pool, Jacuzzi Rooms, Guest Laundry, Game Room
  • Corridor / Floors: Interior / 2 Floors
  • Occupancy: 34.93
  • Price Per Room: $33,333
  • RevPAR: $29.39
  • Rm Rev Multiplier: 3.0
  • Room Revenue: $451,817
  • Total Revenue: $461,268
  • Type: Limited Service
  • Year Built: 1988

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