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- LoopNet Team
674 N Broadway St
Lebanon, OH 45036
Carefree Inn Lebanon · Hospitality Property For Sale
·
42 Rooms
PROPERTY FACTS
AMENITIES
- High Speed Internet Access
- Public Access Wifi
ABOUT 674 N BROADWAY ST , LEBANON, OH 45036
The CareFree Inn is a simple low-rise, two-story hotel featuring 42 guest rooms and located off Highway 48, 6.3 miles from the Miami Valley Gaming casino and racetrack and 8.8 miles from Kings Island amusement and water park. The straightforward rooms feature complimentary WiFi and cable TV, as well as mini-fridges and microwaves. Parking includes space for buses, trucks and RVs. Loyal customers to the CareFree Inn, be they workers or transient guests going to Kings Island, Cincinnati Red, Bengal games, or visiting family. The CareFree Inn presents an excellent opportunity to buy a motel with living quarters. A new roof was completed in May 2016, 23 rooms have been updated including bathrooms plus 15 rooms with Holiday Inn Express furniture and fresh paint on rail and stairs. With some further upgrades, the room revenue will continue to grow. Warren County Fairgrounds has started reconstruction of the grandstands to make place for a $3 million event center easily modified for annual fair activities to weddings to races on the adjoining track.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 42 | $89.00 | - |
PROPERTY TAXES
| Parcel Number | 13-36-104-006 | Improvements Assessment | $108,750 |
| Land Assessment | $29,310 | Total Assessment | $138,060 |
PROPERTY TAXES
