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2905 Milan Rd
Sandusky, OH 44870

$4,000,000 USD

Hotel For Sale • 36,600 SF

Property Details

Property Type Hotel
Total Building Size 36,600 SF
Lot Size 3.03 AC
Building Class C
Year Built 1959
Tenancy Single
Zoning HC

0 Transit Score

50 Walk Score

                
                    Highlights
                
                                112 units, 2 Story, Interior and Exterior Corridor
                            
                                10 minutes from Cedar Point
                            
                                2021 Room Revenue: $1,509,427.55, 2022 Room Revenue: $1,674,442, 2023 Room Revenue: $1,361,991
                            
                                $67,200 Generated from Leased Restaurant Spaces
                            
                                Offered at 2.94x Room Revenue Multiplier
                            
                                Priced to sell at $35,714 Per Key

Amenities

Pool
Restaurant

Public Transportation

Commuter Rail	Drive	Walk	Distance
Sandusky Amtrak Station (Capitol Limited - Amtrak, Lake Shore Limited - Amtrak)	6 min	-	2.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	64
Type:	Surface
Included in Rent:	Yes

Andrew Post 805-557-8857 NewGen Advisory

2905 Milan Rd Sandusky, OH 44870