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Apartment 1901 Clark Ave

9 Room Hotel Wellsville, OH 43968 £382,618 (£42,513/Room) 8% Net Initial Yield

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Executive Summary

Fully occupied contact listing agent for report

Property Facts

Price	£382,618	Lot Size	0.35 AC
Price Per Room	£42,513	Building Size	2,034 SF
Sale Type	Investment	No. Rooms	9
Net Initial Yield	8%	Number of Floors	1
Sale Conditions	Portfolio Sale	Year Built/Renovated	1970/2020
Property Type	Hospitality	Parking Ratio	2.95/1,000 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.

Price	£382,618
Price Per Room	£42,513
Sale Type	Investment
Net Initial Yield	8%
Sale Conditions	Portfolio Sale
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	0.35 AC
Building Size	2,034 SF
No. Rooms	9
Number of Floors	1
Year Built/Renovated	1970/2020
Parking Ratio	2.95/1,000 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.