4960 Golfview DR Active Save Request In-Person Tour Request Virtual Tour
Geneva,OH 44041
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Subdivision Connecticut Western Reserve
MLS Listing ID 5038409
Year Built 1960
Annual Tax Amount $7,843
Tax Year 2023
Lot Size 0.800 Acres
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
Exterior
Garage Guest,Gravel,On Site,Open,Outside,Oversized,Parking Lot
Fence Perimeter,Wood
Pool Community
Community Features Pool
Waterfront No
Roof Type Asphalt
Building
Foundation Slab
Sewer Public Sewer
Water Public
Schools
School District Geneva Area Csd - 404
Others
Acceptable Financing Other
Listing Terms Other