Property profile

41371 Reco Rd Belmont, OH 43718

OFF-MARKET
Hotels
Property ID
US66-4000776
36,614 SF 1.64 ac lot Built 2014
Entity Owned 12-yr Hold Free & Clear
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Property summary

AI-generated overview

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 profile

Verified
Property type Hotels
Use group HOTEL
Year built 2014
Construction FRAME
Total area 36,614 SF
Lot 1.64 ac (71,438 SF)
APN 39-01232-002
UPID US66-4000776

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

41371 Reco Rd Belmont, OH 43718-2515
Belmont metro Census 10700 WHEELING, WV-OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$665k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.52M
Blend (final) Blend
$1.10M

Owner & transaction history

since 2014
1 recorded transaction
2014
$275,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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