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5169 Lake (SR 531) Road, Geneva, OH 44041

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For Sale

$1,195,000

0.5 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 0.5 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Turn-Key 17-Room Motel Fully Remodeled & Income-Ready! This completely updated 17-room motel offers a prime investment opportunity with year-round potential! The property includes (4) double occupancy rooms, (1) handicap-accessible room, and (12) single king rooms, all fully furnished. Amenities include a welcoming office, common area for games or breakfast, hospitality/storage space, public and worker baths, pool house, and an in-ground pool with a waterfall feature. Everything is included: linens, bedding, room furniture, patio furniture, refrigerators, heating/cooling units, and hospitality-grade TVs making this a seamless, turn-key opportunity. Currently generating strong seasonal income from Memorial Day through early September, this motel has the potential to operate year-round for increase revenue. Don't miss this profitable, move-in-ready hospitality investment! Contact us today for more details. New smart locks installed with remote access to save on payroll!
MLS# 5116532

Courtesy Of McDowell Homes Real Estate Services

(440) 205-2000

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Security System, Security System
  • Lot Size
    0.5 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 5169 Lake (SR 531) Road, Geneva, OH 44041

Home seller CENTURY 21 Asa Cox Homes

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Asa Cox Homes

(440) 639-0002
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Monthly Payment Breakdown

  • Principle and Interest
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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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