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    41371 Reco Rd Belmont, OH 43718

    For Sale
    $4,150,000

    Profitable Hotel, 63 Rooms, Pool

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional investment opportunity presents the renowned Sleep Inn, ideally situated in Belmont County, Ohio. Boasting a prime location, this well-maintained hotel comprises 37 guest rooms and 26 suites, totaling 63 units, providing ample accommodation for a diverse clientele. The property also includes a convenient pool house, enhancing the guest experience and adding to the overall appeal. Situated on a generous 1.72-acre lot, the Sleep Inn benefits from significant space and potential for future expansion or development. The hotel's established reputation and consistent performance make it an attractive proposition for investors seeking a stable and profitable venture in the hospitality sector. Belmont County offers a strong tourism base and significant growth potential, making this a particularly compelling investment. This turnkey operation presents a rare chance to acquire a successful and reputable hotel in a thriving market. The property is offered at $4,150,000. Detailed financial information and operational data are available upon request. This is a unique opportunity to secure a foothold in the hospitality industry and capitalize on the promising future of Belmont County. Don't miss this chance to own a successful and established hotel.

    Property Features for 41371 Reco Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    74,923 SF

    Building Details

    Year Built
    2014
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Hair Salon Auto Repair Shop Nail Salon Pharmacy Auto Parts Store Hotel & Motel Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Belmont
    County
    Belmont
    State
    Ohio
    Longitude
    -81.05425
    Latitude
    40.05815

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    FAQs

    What type of property is this?
    Commercial real estate - Profitable Hotel, 63 Rooms, Pool
    Where is this commercial real estate located?
    The property is located at 41371 Reco Rd Belmont, OH.
    What is the asking price?
    The asking price for this property is $4,150,000.
    (330) 602-4111
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    41371 Reco Rd Belmont, OH 43718
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