Your email has been sent.
Budget Inn 6405 Glenn Hwy 19 Room Hotel Cambridge, OH 43725 $930,784 CAD ($48,989 CAD/Room)
Investment Highlights
- Active Hotel Business with all furnishings included.
- Potential for new owners to live at in the attached apartment.
Executive Summary
Property Facts
| Price | $930,784 CAD | Lot Size | 2.30 AC |
| Price Per Room | $48,989 CAD | Building Size | 6,390 SF |
| Sale Type | Investment | No. Rooms | 19 |
| Sale Condition | Business Value Included | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1964/2024 |
| Property Subtype | Hotel | Parking Ratio | 3.91/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | GSC - General Service Commercial District | ||
| Price | $930,784 CAD |
| Price Per Room | $48,989 CAD |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.30 AC |
| Building Size | 6,390 SF |
| No. Rooms | 19 |
| No. Stories | 2 |
| Year Built/Renovated | 1964/2024 |
| Parking Ratio | 3.91/1,000 SF |
| Corridor | Exterior |
| Zoning | GSC - General Service Commercial District |
About 6405 GLENN HWY , CAMBRIDGE, OH 43725
Welcome to an exceptional investment opportunity nestled in Cambridge, Ohio. This property features a 6390 SQ FT, 2.3 Acre, 19-unit motel and a 2-bedroom apartment used for management quarters. Situated close to Interstate 70 and the Interstate 70-77 Interchange boasts the ease of convenience. In addition to the thriving motel business that has singles, doubles, and King bed suites, this property includes a cozy 2-bedroom apartment, perfect for generating additional rental income or providing accommodation for an on-site manager, enhancing the property's management efficiency. Expanding the income potential even further is a vacant lot that is situated beside the property offering endless possibilities for expansion or development. Also included is a 5-lot trailer park behind the motel that is fully equipped with public utilities. This property features 26 on-site parking spots, public utilities, coin laundry and excellent frontage to the highly trafficked RT 40 which offers additional upside potential. Recent updates in 2024 include a new roof, new exterior painting and new gutters. If you have considered being your own boss, then schedule your showing today to see if this is the business for you.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 19 | $85.49 CAD | - |
Property Taxes
| Parcel Number | 02-0001510.000 | Improvements Assessment | $85,298 CAD |
| Land Assessment | $58,030 CAD | Total Assessment | $143,329 CAD |
Property Taxes
Presented by
Budget Inn | 6405 Glenn Hwy
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.