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East Gate Motel 1327 Bellefontaine Ave

35 Room Hotel Lima, OH 45804 £711,009 (£20,315/Room)

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Investment Highlights

Heavy traffic
Unlimited uses

Great Restaurant Pad

Executive Summary

Fabulous location on Lima's East side. Current use is short term motel. Selling with no books.

Property Facts

Price	£711,009	Building Size	25,475 SF
Price Per Room	£20,315	No. Rooms	35
Sale Type	Investment	Number of Floors	2
Sale Conditions	Development Sale	Year Built	1956
Property Type	Hospitality	Parking Ratio	1.81/1,000 SF
Property Subtype	Hotel	Corridor	Exterior
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	0.85 AC

Price	£711,009
Price Per Room	£20,315
Sale Type	Investment
Sale Conditions	Development Sale
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	0.85 AC
Building Size	25,475 SF
No. Rooms	35
Number of Floors	2
Year Built	1956
Parking Ratio	1.81/1,000 SF
Corridor	Exterior
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.