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Pete's Beach Motel 5225 Old Lake Rd

12 Room Hotel Geneva, OH 44041 £1,565,817 (£130,485/Room)

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Investment Highlights

Lake Front, Seasonal Resort Area, 15 Rooms, 1 suite and 3bed, 2 bath AirBNB

Executive Summary

Private Beach area with this 15 unit motel on the "strip" at Geneva on the Lake. Most room offer Lake Erie Views and have been
completely updated within the last 2 years. An additional 3 bed/2bath Airbnb awaits you with breathtaking Lake Erie views of the
sunrise and sunsets. This unit has an open concept living, dining, sunroom and completely updated kitchen with large island and
vacation vibes! This is a solid brick structure and turn key ready. An "owners" or "janitorial" suite is located at the lower level to
offer a living space for a caretaker w/access form Lobby/check-in area. These opportunities do not become available often, so do
not hesitate to reach out with questions to your agent right away.

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Professional Flyer_111623

Property Facts

Price	£1,565,817	Building Size	8,200 SF
Price Per Room	£130,485	No. Rooms	12
Sale Type	Investment	Number of Floors	1
Property Type	Hospitality	Year Built/Renovated	1960/2023
Property Subtype	Hotel	Parking Ratio	1.1/1,000 SF
Building Class	C	Corridor	Exterior
Lot Size	0.28 AC

Price	£1,565,817
Price Per Room	£130,485
Sale Type	Investment
Property Type	Hospitality
Property Subtype	Hotel
Building Class	C
Lot Size	0.28 AC
Building Size	8,200 SF
No. Rooms	12
Number of Floors	1
Year Built/Renovated	1960/2023
Parking Ratio	1.1/1,000 SF
Corridor	Exterior