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Plaza Motel 29152 Euclid Ave 37 Room Hotel Wickliffe, OH 44092 $950,000 ($25,676/Room)
INVESTMENT HIGHLIGHTS
- Investment Opportunity - Motel Property in Wickliffe, OH
- Building has 23 suites/keys
- Daily and weekly rentals available
- Currently running on full occupancy
- On-site management
- High-density area with many retailers nearby
EXECUTIVE SUMMARY
Investment opportunity in Wickliffe, OH
PROPERTY FACTS Under Contract
| Price | $950,000 | Building Size | 10,000 SF |
| Price Per Room | $25,676 | No. Rooms | 37 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1948 |
| Property Subtype | Hotel | Parking Ratio | 2.5/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.74 AC | ||
| Zoning | O-B | ||
| Price | $950,000 |
| Price Per Room | $25,676 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.74 AC |
| Building Size | 10,000 SF |
| No. Rooms | 37 |
| No. Stories | 2 |
| Year Built | 1948 |
| Parking Ratio | 2.5/1,000 SF |
| Corridor | Exterior |
| Zoning | O-B |
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 37 | $48.00 | - |
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PROPERTY TAXES
| Parcel Number | 29-B-008-B-00-046 | Improvements Assessment | $54,180 |
| Land Assessment | $7,780 | Total Assessment | $61,960 |
PROPERTY TAXES
Parcel Number
29-B-008-B-00-046
Land Assessment
$7,780
Improvements Assessment
$54,180
Total Assessment
$61,960
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Plaza Motel | 29152 Euclid Ave
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