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12211 US Highway 250 N
Milan, OH 44846
Motel Boutique by Wolf Inn · Hospitality Property For Sale
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20,395 SF
Investment Highlights
- 55 units, 2 story, exterior corridor
- 2023 room revenue: $592,086
- Priced to sell at $34,545 per key or $179,584 per acre
- 10.58 acre parcel on I-90 and I-80 with a restaurant and bar attached, laundry and gym
- 2024 room revenue: $485,032
- Offered at 3.9x multiplier
Property Facts
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1940/2022 |
| Building Class | C | Parking Ratio | 6.23/1,000 SF |
| Lot Size | 10.58 AC | Corridor | Exterior |
| Building Size | 20,395 SF | ||
| Zoning | Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 10.58 AC |
| Building Size | 20,395 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1940/2022 |
| Parking Ratio | 6.23/1,000 SF |
| Corridor | Exterior |
| Zoning | Commercial |
Amenities
- Pool
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Public Access Wifi
Property Taxes
| Parcel Numbers | Improvements Assessment | $68,232 | |
| Land Assessment | $135,026 | Total Assessment | $203,258 |
Property Taxes
Parcel Numbers
Land Assessment
$135,026
Improvements Assessment
$68,232
Total Assessment
$203,258
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