Property Description

This former motel complex located on 1.3 acres features approximately 7322 square feet within the 10 buildings. There are 15 units consisting of 6 a-frame units, 3 homes and 6 apartments plus a metal garage and two storage sheds. GMI $11,550 and Zoned B-3. A-frame units – owner pays all utilities: 4 have 1 bedroom, loft & a bathroom (rent $750-850/mo each); 2 have loft & bath with heart-shape tubs. Apartments – owner pays all utilities: two 1 bedroom, 1 bath units (rent $650-700/mo each); two studio units (rent $650/mo each); one efficiency unit (rent $500/mo each). Unit#9 House – owner pays sewer/trash: three bedrooms and one bath (rent $800/mo and tenant pays gas/electric). Unit#16 Home – owner pays trash: one bedroom and one bath (rent is $800/mo). Main Unit home – owner pays water/sewer/trash/electric/gas: three bedrooms and one bath (rent is $1150/mo). The property will not be having private showings and will be shown only during the public open house on Monday 02/15/21 4-5pm.

Features
: Cash, Conventional
: Other
: Subject To Tenant Rights, Day Of Closing
: Other
: 2 Car-detached
Address Map
Lake Ave E.
300
W84° 4' 41.2''
N40° 29' 1.5''
US 33 to East Lake Street to the Villa Motel.
Additional Information
ROYER REALTY, LLC
15_2
Indian Lake
Multi-Family
Click here
: City
BRYN
DARING-STEWART
9374413671
1.3 ac

300 Lake Ave E., Lakeview, Ohio 43311

300 Lake Ave E., Lakeview, Ohio 43311

$350,000
Listing ID #5560
Basic Details
Property Type : Multi-family
Listing Type : For Sale
Listing ID : 5560
Price : $350,000
Year Built : 1930
County : Logan
City : Lakeview
Zipcode : 43311
Status : Pending
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