Motel 6 Youngstown, Ohio
82 Rooms
ASKING PRICE HOTEL $2,200,000
Price/Room $26,829
Room Multiplier 3.0x
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Prime and highly visible and irreplaceable ± 2.92-acre location off Interstate 80 (Exit 229), which carries hundreds of thousands of vehicles daily in the region. The location is in a major regional transportation hub ideal for budget hotels such as the Motel 6.
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The Property will be delivered free and clear of management. The Property runs with a corporate expense structure, and a new hands-on management will benefit from numerous expense reductions in labor, repair, maintenance, general and administrative expenses.
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The Property has been fully renovated with the latest G6 brand standards. The Property is being sold turn key, with no or minimal PIP. The Property also has a fully renovated Manager's Suite.