Motel Boutique – Milan, OH

$2,000,000

About the Property

  • Units:
    54
  • Price ($):
    $2,000,000
  • Year built:
    1960
  • # Buildings:
    3
  • Corridor:
    Exterior
  • Building:
    Masonry
  • HVAC:
    Individual PTAC units
  • Parking:
    Surface
  • Roof:
    Pitched & Shingled, Flat Rubber, Metal
  • Parcel Number(s):
    #50-00105.000, #50-00269.001
  • Land Size:
    9.17 acres

Financial Highlights

Revenue
$480,357
Occupancy
64.7%
ADR
$37.65
RevPAR
$24.37

Amenities

  • Outdoor Pool
  • Restaurant (leased)