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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 $20,216 Sold

1122 East Main Street
Bellevue, OH 44811

Residential
Property Photo
1/6

Sold

Sold for $20,216 on Feb 2, 2016

Description

Magnusson Hotel - Seller Financing Available * 80 units * Seller financing available * Restaurant Lease $40,000 per year * Very profitable motel * Excellent for owner-operator * 80 units * Seller financing available * Restaurant Lease $40,000 per year * Very profitable motel * Excellent for owner-operator

Features

  • Acres: 3 acres
  • ADR: $70.66
  • Amenities: Indoor Pool, Truck Parking
  • Corridors / Floors: Interior & Exterior / 2 Floors
  • No. Rooms: 80
  • Occupancy: 15%
  • Price per Room: $12,188
  • RevPAR: $10.43
  • Rm Rev Multiplier: 3.2
  • Room Revenue: $304,630
  • Total Revenue: $340,630
  • Type: Limited Service
  • Year Built: 1970

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