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Property profile & analytics
OFF-MARKET
Motels

24801 Shurtz Rd New Plymouth, OH 45654

20 ac lot
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US66-5379383
Property summary
AI-generated overview

This exceptional turn-key short-term rental (STR) hotel in the heart of Ohio's Hocking Hills offers a lucrative investment opportunity. The property encompasses 40 acres (two 20-acre parcels) and features ten exquisitely appointed one-bedroom, one-bathroom cabins, each complete with a private deck, hot tub, fire pit, and charcoal grill. All cabins are nearly new and fully furnished, providing a seamless transition for the new owner. The sale includes all furnishings, supplies, floor plans, social media accounts, website, and existing Airbnb accounts. Detailed financial information is available upon request with a signed non-disclosure agreement and proof of funds or pre-approval. The seller is open to creative financing options. Existing plans allow for expansion and development on the second 20-acre parcel, replicating the successful cabin layout. This established business boasts a strong online presence and a loyal customer base, ensuring continued high occupancy rates. The property's prime location in a world-renowned tourist destination guarantees consistent revenue generation. The asking price is $3,750,000, with a total square footage of 4,950 square feet, resulting in a price per square foot of $757.58. The property is located at 24801 Shurtz Road, New Plymouth, OH 45654.

Property profile
Verified
Property type Motels
Use group MOTEL
Lot 20 ac (871,287 SF)
APN 14-00216.002
UPID US66-5379383
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Wilder LLC · 6 yrs held
Wilder LLC
since 2020
2 recorded transactions
2022
Price N/A
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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