Milan OH | Motel Boutique
Independent Hotel For Sale
Marketing description
Andrew Post is thrilled to present the exclusive listing of the Motel Boutique by Wolf Inn in Milan, OH. Situated on a 10.58-acre lot in the thriving Sandusky/Port Clinton submarket, this two-story hotel features 55 well-appointed rooms and desirable amenities, including high-speed internet, a pool, and an on-site restaurant.
Conveniently located just off I-90 and Route 250, the property benefits from exceptional visibility and high traffic, making it a prime investment opportunity. This is an ideal opportunity for an owner-operator seeking hands-on management and offers significant potential for growth and profitability.
For more information, click here: Confidentiality Agreement
BROKER OF RECORD | Thomas D’Amico | D’Amico Agency Inc. | OH #BRKP.0000177678
Investment highlights
55 units, 2 story, exterior corridor
10.58 acre parcel on I-90 and I-80
Opportunity to build additional 100 units on land
Restaurant and bar attached with laundry and gym
5 Bedroom Managers Apartment on site
2022 room revenue: $397,965
2023 room revenue: $592,086
2024 room revenue: $485,032
Priced to sell at $34,545 per key or $179,584 per acre
Offered at 3.9x multiplier
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