Will Co-Broke

Price Reduction--Investment Opportunity of a Restored 1950's Motor Lodge-Hideaway Retreat Suites and Cottages--Geneva on the Lake, Ohio (GOTL)

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Listing was updated on: 07/18/2023
location icon 5196 Fairfax Drive, Geneva on the Lake, OH, US
Hospitality for Sale
SqFt: Inquire
from June 30, 2023
Description

Location<br>5196 Fairfax Drive is located approximately 1/4 mile south of Lake Road and off of Yale Drive in Geneva on the Lake, Ohio.<br><br>Sale<br>10-unit income producing property in the heart of Geneva on the Lake, Ohio. Recently (2021) converted from a motel to a modern suite and cottage destination for overnight stays. Each unit has it own theme making your stay a unique experience for customers to enjoy for generations. Three buildings that include 5,560 SF on 0.75 acres of land (9 parcels). Three remaining units can be converted for additional revenue. Financials will be provided to qualified buyers with the execution of a confidentiality agreement.

Additional parameters

The information above is from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.