Welcome or Register

Welcome

Thank you for visiting today. If this is your first visit, take your time and look around. We have plenty of information and resources available to you. If you are a return visitor, thank you. We would love to hear from you and tell you how I can serve all your hotel real estate needs.

Errol D'Souza
Laurel Real Estate Co. 

P.O. Box 284 
Galena, OH 43021-0284
Office: 740-965-1966
Contact Me
Back to Sold Hotels
Sold for $72,017 Recently Sold

1901 Broad Avenue
Findlay, OH 45840

Residential
Property Photo
1/9

Sold

Sold for $72,017 on Jul 20, 2017

Description

Rodeway Inn * 80 units * Seller Financing 80 units * Seller Financing * Room Revenue $490,625 * NOI $233,967 * Owner's Apartment * Excellent for Owner-Operator or First Time Buyer * Seller Financing with 20% cash down * Excellent motel for owner-operator or first time buyer * Small, easy-to-manage property * Profitable with good cash flow * Small PIP from franchisor

Features

  • Acres: 7 acres
  • ADR: $41.39
  • Amenities: Owner/Manager Apartment, Truck Parking
  • Corridors / Floors: Exterior / 1 Floor
  • No. Rooms: 80
  • Occupancy: 33.4%
  • Price per Room: $17,500
  • RevPAR: $16.80
  • Rm Rev Multiplier: 2.9
  • Room Revenue: $490,625
  • Total Revenue: $490,625
  • Type: Limited Service
  • Year Built: 1982

house realtor mls

Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu