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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 $91,213 Sold

523 Griswold Road
Elyria, OH 44035

Residential
Property Photo
1/7

Sold

Sold for $91,213 on Sep 12, 2013

Description

SELLER FINANCING - ECONOLODGE - 50 UNITS Seller Financing with $250,000 cash down * Seller Financing for qualified buyer with $250,000 cash down; * Located in a commercial corridor along I-80 (Ohio Turnpike); * Owned by management company, excellent opportunity for owner-operator.

Features

  • A.D.R.: $51.47
  • Acres: 6.6
  • Amenities: Outdoor Pool
  • Corridors / Floors: Exterior / Single Floor
  • No. Rooms: 50
  • Occupancy: 40%
  • Pricer Per Room: $18,000
  • RevPAR: $20.36
  • Rm Rev Multiplier: 2.4
  • Room Revenue: $371,486
  • Total Revenue: $383,385
  • Type: Limited Service
  • Year Built: 1985

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