4960 Golfview Dr Geneva, OH 44041
- Hotels
- 9,144 SF
- 0.80 lot acres
Current Use by Public Records
- Hotels
Property Details for 4960 Golfview Dr
- Year built
- 1960
- Construction
- WOOD
- Lot size
- 0.80 lot acres
- Property size
- 9,144 SF
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 21-013-00-023-00
- APU
- 210130002300
Description
This exceptional 11-key motel, known as King Arthur's Court, presents a lucrative investment opportunity in Geneva, Ohio's premier summer resort area. The 9,144 square foot property, built in 1960 and situated on 0.8 acres, boasts a two-story structure with commercial motel zoning. Each of the eleven suites includes two bedrooms with queen beds, a full bath, a kitchenette, and a sitting area. One suite has been recently and completely remodeled. The motel enjoys a loyal clientele built over 30 years of operation, thriving without extensive advertising, primarily operating from Memorial Day to mid-September, with potential for year-round operation. A significant asset is the spacious, approximately 2000 square foot, second-floor residence featuring three bedrooms, one and a half baths, formal living and dining rooms, and an eat-in kitchen
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Geneva
- County
- Ashtabula
- State
- Ohio
- Longitude
- -80.9513
- Latitude
- 41.8598
- CBSA code
- 11780
- CBSA name
- ASHTABULA, OH MICROPOLITAN STATISTICAL AREA