Historical Hotel & Motel Sale Listing - Budget Inn

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Budget Inn

264 West Curry Road, Wilmington, OH 45177

N/A

44 Rooms | Hotel & Motel

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Tall sign has not been lit since early Spring 2012

Hotel / Motel - Off Market

Price:
N/A
No. Rooms:
44
Building Size:
6,000 SF
Property Type:
Hotel & Motel
Property Sub-type:
Economy/Limited Service
Property Use Type:
Investment
No. Stories:
2
Year Built:
1974
Corridor:
Exterior
Lot Size:
2 AC
Listing ID
17519113
Last Updated
over 1 year ago

Description

ABSENTEE OWNER. LOW PRICE PER DOOR. NEW ROOM NIGHT GENERATOR for 2013!!!!

This property will benefit from increased demand in 2013 related directly to the apex express pipeline project. (www.atexexpresspipeline.com) Buy now and use 2013 cash flows to improve and stabilize the property.

The Budget Inn consists of 44 exterior corridor rooms and is located off of Interstate 71 between Cincinnati and Columbus, Ohio. The property is only one of two just off the exit and competes at the exit with the full service Holiday Inn & Conference Center.

*Square footage (required by LoopNet) is an estimate

Wilmington was featured in Time magazine on December 8, 1997 as a small town that is attractive to suburban families. The city was also featured in a 1995 publication entitled The 100 Best Small Towns in America. The city is home to Wilmington College. In February 2011 the GOP candidates for President met in Wilmington to show their support for the area.

There is a MAJOR distribution facility in town that is not being utilized currently. When this facility re-opens it will mean many new jobs for the city.

Map of 264 West Curry Road, Wilmington, OH 45177 (Clinton County)

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