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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 $30,212 Sold

342 Milan Avenue
Norwalk, OH 44857

Residential
Property Photo
1/6

Sold

Sold for $30,212 on Mar 2, 2012

Description

SELLER FINANCING - ECONOLODGE - 43 UNITS Excellent for Owner-Operator * Seller Financing for qualified buyer with $250,000 cash down; * Excellent opportunity for owner-operator; * Located in a commerical corridor along US Hwy 250 in an area with several restaurants, gas stations and retail businesses.

Features

  • Acres: 1.314 acres
  • ADR: $43.20
  • Amenities: Outdoor Pool, Jacuzzi Rooms, Microwaves/Fridges in some rooms.
  • Corridor / Floors: Exterior / 1 Floor
  • No. Rooms: 43
  • Occupancy: 48%
  • Price Per Room: $18,488
  • RevPAR: $21.78
  • Rm Rev Multiplier: 2.3
  • Room Revenue: $341,848
  • Total Revenue: $348,576
  • Type: Economy, Limited Service
  • Year Built: 1986

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