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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 $101,714 Sold

1927 S. SR 53
Tiffin, OH 44883

Residential
Property Photo
1/11

Sold

Sold for $101,714 on Oct 17, 2014

Description

Quality Inn - Tiffin, OH 72 Units * Room Revenue $786,078 * Priced at 2 times revenue * Motivated Seller * Excellent Condition, PIP recently completed. * Absentee owner, great opportunity for owner-operator. * Motivated seller willing to consider all reasonable offers.

Features

  • Access / Floors: Interior & Exterior / 2 Floors
  • Acres: 4.89 acres
  • ADR: $66.12
  • Amenities: Leased Restaurant, Outdoor Pool
  • No. Rooms: 72
  • Occupancy: 45.0%
  • Price per Room: $22,222
  • RevPAR: $29.75
  • Rm Rev Multiplier: 2.04
  • Room Revenue: $786,078
  • Total Revenue: $1,180,290
  • Type: Limited Service
  • Year Built: 1965

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