Ohio Motels for Sale
- Columbus, OH
- Cleveland, OH
- Cincinnati, OH
- Toledo, OH
- Dayton, OH
- Akron, OH
- Canton, OH
- Mansfield, OH
Off-Market Properties in Ohio
Ohio Motels Market Trends and Statistics
Explore 72 motels for sale in Ohio, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 85,882 square feet of properties for sale, with an estimated market value of $5,875,000.
Sale prices for motels in Ohio start at $650,000, averaging $1,175,000, and reaching up to $1,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.
How to Buy a Motel in Ohio
A quick guide to motel and roadside-lodging acquisitions.
- Define your investment strategy. Set your buy box (value-add versus stabilized, flagged versus independent) and identify demand drivers using local market insights and commercial brokers in Ohio.
- Master motel financial metrics. Underwrite on RevPAR, ADR, and occupancy. Verify T-12 NOI against normalized seller expenses.
- Finance the purchase. Compare SBA 7(a), 504, and conventional or bridge debt at 60–70% LTV, budgeting 30–40% down plus working-capital reserves.
- Run forensic due diligence. Inspect roof, HVAC, and exterior condition. Price the PIP with contractor quotes. Verify zoning, licensing, and litigation.
- Close and transition operations. Re-trade on inspection findings, secure a seller handover, and retain staff to protect ADR, benchmarking against recently sold Ohio commercial comps.