44077 Oberlin Elyria Rd - Hospitality FOR SALE


Oberlin, OH 44074
$690,000 USD
216-299-5092
44077 Oberlin Elyria Rd, Oberlin, OH for Sale
$690,000 USD
Hospitality - FOR SALE
1/70
null | Request Cap Rate

44077 Oberlin Elyria Rd
Oberlin, OH 44074


HIGHLIGHTS

  • 23 guest units
  • High-visibility, high-traffic location
  • On-site parking
  • Room to expand (increase unit count or enhance amenities)
  • Ideal for owner-operator or investor
  • Opportunity to improve operations and increase NOI

OVERVIEW

Offered for sale is a 23-unit hotel located along the heavily traveled Oberlin Elyria Rd corridor in Oberlin, providing excellent visibility and accessibility to Elyria and Lorain. This asset presents a compelling value-add investment opportunity with immediate income potential and long-term upside. The property benefits from strong frontage, consistent traffic exposure, and proximity to regional demand drivers including local businesses, schools, and commuter routes.

FOR SALE DETAILS

PRICE

$690,000 USD

PRICE/SF

$90 USD /SF

# OF ROOMS

23

PRICE/ROOM

$30,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The J.C. Huffman Country Inn & Motor Lodge

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1950

PARKING SPACES

46

LAND DETAILS

LAND ACRES

3.39 AC

LAND SF

147,668 SF

ZONING

Motel

APN/PARCEL ID

09-00-099-000-030,09-00-099-000-052

ASK ABOUT THIS PROPERTY

Stacy NugentKeller Williams Great Lakes Real Estate TeamMore Info
216-299-5092

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Stacy NugentKeller Williams Great Lakes Real Estate TeamMore Info
216-299-5092

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.