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4960 Golf View Drive, Geneva, OH 44041

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For Sale

$1,100,000

0.8 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 0.8 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Turnkey 11-Key Motel Investment Opportunity in Geneva-on-the-Lake, Ohio's First Summer Resort. Discover a rare chance to own a well-established, income-producing hospitality property in the heart of Geneva-on-the-Lake, a popular tourist destination with over 30 years of guest loyalty and untapped growth potential. This turnkey 11-unit motel features spacious 2-bedroom suites, each with queen beds, a full bathroom, a kitchenette, and a cozy sitting area. Three units have been fully remodeled, offering a modernized guest experience. Currently operating seasonally from Memorial Day to mid-September, the business thrives without advertising, showcasing strong repeat business. The property presents significant upside with potential for year-round operation and online marketing exposure. Included is a private second-floor owner's residence with approximately 2,000 sq ft, 3 bedrooms, 1.5 baths, formal living and dining rooms, and a large eat-in kitchen. The residence has not been rented, offering an opportunity for additional rental income or on-site management. Enjoy guest-attracting amenities including a recently upgraded in-ground pool (2023 improvements totaling $90K: new concrete, aprons, heater and plumbing), a landscaped outdoor pavilion for picnics and events, and ample green space. Sale includes all furnishings: linens, beds, TVs, heating/cooling units, kitchen appliances, and patio furniture: everything needed to continue operations from day one. Located just a short commute from the Lake Erie shoreline, Geneva State Park and Marina, wineries, the Historic Ashtabula Harbor, restaurants, and attractions, this property is ideal for investors seeking a stable, cash-flowing motel business with growth potential in a high-demand resort town
MLS# 5136572

Courtesy Of McDowell Homes Real Estate Services

(440) 205-2000

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Patio
  • Heating System
    Forced Air
  • Lot Size
    0.8 Acres
  • Roof Type
    Asphalt

Map and Directions

Directions to 4960 Golf View Drive, Geneva, OH 44041

Home seller CENTURY 21 Asa Cox Homes

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CENTURY 21 Asa Cox Homes

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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