4960 Golfview DR Active

Geneva,OH 44041

$ 1300000

- Bed

0 Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Subdivision Connecticut Western Reserve

MLS Listing ID 5038409

HOA Y/N No

Year Built 1960

Annual Tax Amount $7,843

Tax Year 2023

Lot Size 0.800 Acres

Acres 0.8

Property Description

11-keys motel within Ohio's First Summer Resort. Ideal for an investor seeking a turn key, well-established hospitality business with significant upside potential. Each motel suite features 2 bedrooms with queen beds, 1 bath, kitchenette, and sitting area. One suite is fully remodeled. Loyal clientele of repeat guests for over 30 years, thriving without advertising. Booking details reflect Memorial Day through mid September. This could be open year round. Spacious 2nd-floor residence: Approximately 2000 sq ft, 3 bedrooms, 1.5 baths, formal living and dining rooms, eat-in kitchen. The sellers did not rent the second floor living space and is potential for additional income. In-ground pool recently updated with $90k of improvements in 2023 including new concrete, aprons, and plumbing. Outdoor Pavilion for covered picnics and gatherings with landscaped green space. All linens, bedding, patio furniture, room furniture, benches, refrigerators, heating/cooling units, TVs are included. This is a turnkey business with potential for growth in a sought-after location.

Location

State OH

County Ashtabula

Community Pool

Interior

Heating Forced Air,Gas

Cooling Central Air

Fireplace No

Exterior

Garage Guest,Gravel,On Site,Open,Outside,Oversized,Parking Lot

Fence Perimeter,Wood

Pool Community

Community Features Pool

Waterfront No

Water Access Desc Public

Roof Type Asphalt

Porch Patio

Parking Type Guest,Gravel,On Site,Open,Outside,Oversized,Parking Lot

Building

Foundation Slab

Sewer Public Sewer

Water Public

Schools

School District Geneva Area Csd - 404

Others

Tax ID 210130002300

Acceptable Financing Other

Listing Terms Other

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