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The Village Inn & Efficiencies 3537 Liberty Ave
17 Room Hotel Vermilion, OH 44089 $1,706,400 CAD ($100,376 CAD/Room)
Investment Highlights
- 3537 Liberty Rd is a 17-unit motel in Vermilion, Ohio, offering instant cash flow and convenience.
- The property also features a 1200 sq ft 2-story high pole barn for storage and potential rental.
- The property includes a cozy 2-bedroom house, coin-operated laundry room, a spacious pole barn, and a 180 x 70 vacant lot.
- This opportunity is perfect for experienced investors or newcomers seeking a profitable venture in Vermilion.
Executive Summary
Property Facts
| Price | $1,706,400 CAD | Lot Size | 0.56 AC |
| Price Per Room | $100,376 CAD | Building Size | 7,812 SF |
| Sale Type | Investment | No. Rooms | 17 |
| Sale Conditions | Business Value Included | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1950 |
| Property Subtype | Hotel | Parking Ratio | 1.84/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Price | $1,706,400 CAD |
| Price Per Room | $100,376 CAD |
| Sale Type | Investment |
| Sale Conditions | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.56 AC |
| Building Size | 7,812 SF |
| No. Rooms | 17 |
| No. Stories | 1 |
| Year Built | 1950 |
| Parking Ratio | 1.84/1,000 SF |
| Corridor | Exterior |
About 3537 Liberty Ave , Vermilion, OH 44089
Welcome to an exceptional investment opportunity nestled in the heart of Vermilion, Ohio. Presenting 3537 Liberty Rd, a lucrative real estate offering featuring a 17-unit motel with instant cash flow. Situated near downtown Vermilion and just a few blocks away from the serene shores of Lake Erie, this property boasts both convenience and charm. In addition to the thriving motel business, this property includes a cozy 2-bedroom house, perfect for generating additional rental income or providing accommodation for an on-site manager, enhancing the property's management efficiency. Moreover, convenience is key with an on-site coin-operated laundry room, ensuring added convenience for both guests and tenants. The property also features a spacious 1200 sq ft 2-story high pole barn, providing ample storage space or potential for further rental opportunities. Expanding the income potential even further, a vast 180 x 70 vacant lot is situated at the rear of the property, offering endless possibilities for expansion or development. Don't miss out on this rare opportunity to own a lucrative real estate asset in Vermilion, Ohio. Whether you're an experienced investor seeking to expand your portfolio or a newcomer looking for a profitable venture, 3537 Liberty Rd offers the perfect blend of income potential and location convenience. Schedule your viewing today and unlock the doors to endless possibilities!
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 17 | $85.32 CAD | - |
PROPERTY TAXES
| Parcel Number | 01-00-003-129-001 | Improvements Assessment | $143,598 CAD |
| Land Assessment | $48,666 CAD | Total Assessment | $192,264 CAD |
PROPERTY TAXES
zoning
| Zoning Code | Motel |
| Motel |
Presented by
The Village Inn & Efficiencies | 3537 Liberty Ave
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