• Listing ID: 1101315
  • (Seller ref: 71892)

Owner Financing On Greater Cincinnati 12 Unit Motel For Sale


Location:
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Asking price:
$540,000 (Furniture / Fixtures included)
Sales revenue:
0 - $500k
Cash flow:
0 - $250k
Years established:
1950
Employees:
1 FT/1 PT

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12 unit extended stay motel with a 2 Bedroom home for owner/manager, 2-car garage and shed located in the Cincinnati Metro Area. The site sits on 3 parcels comprising 7.26 acres. Prime site for redevelopment, zoned commercial, enabling it to be redeveloped to its highest potential. Frontage property on 2 main highways. The motels was built in 1950 and was completely renovated 13 years ago. The average occupancy of the motel exceeds 90% and the property is extremely clean and well maintained. Real estate included in sale price.


Real Estate:
Real Property Included
Living accommodation:
2 Bedroom Home with 2 car garage and storage shed.
Location:
20 Miles South of Cincinnati. Located on major highway.
Premises details:
12 unit motel with 2 BR home, 2 car garage and shed. Site sits on 3 parcels comprising 7.26 commercially zoned acres.
Size in square feet:
7.26 acres

Expansion potential:
Development of unused property.
Planning consent:
Commercially zoned
Support & training:
Available during the transition
Reasons for selling:
Retirement
Financing available:
Negotiable
Furniture / Fixtures value:
$60,000 (included in the asking price)

For more information about this business for sale, click the Contact Seller button.


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