Motel 6 Youngstown
ASKING PRICE HOTEL $3,300,000
PER ROOM $40,244
Prime and highly visible and irreplaceable ±2.92 acre location off Interstate 80 (Exit 229) which carries hundred of thousands of vehicle daily in the region. Youngstown is within a one-day truck drive of more than 153 million consumers representing nearly half of the population of the US. Halfway between New York City and Chicago on transcontinental I- 80 (with six interchanges, plus north-south I-79 immediately to the west).
The property runs with a corporate expense structure and new hands on management will benefit from numerous expense reductions in labor, and general and administrative expenses.
The property has been been fully renovated and well maintained. The property is being sold turn key with no or minimal PIP. The franchise agreement is terminable.