Apartment | 1901 Clark Ave
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Apartment 1901 Clark Ave
9 Room Hotel Wellsville, OH 43968 $489,000 ($54,333/Room) 8% Cap Rate
EXECUTIVE SUMMARY
Fully occupied contact listing agent for report
PROPERTY FACTS
| Price | $489,000 | Lot Size | 0.35 AC |
| Price Per Room | $54,333 | Building Size | 2,832 SF |
| Sale Type | Investment | No. Rooms | 9 |
| Cap Rate | 8% | No. Stories | 1 |
| Sale Condition | Bulk/Portfolio Sale | Year Built/Renovated | 1970/2020 |
| Property Type | Hospitality | Parking Ratio | 2.82/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | Opportunity Zone |
Yes
|
| Price | $489,000 |
| Price Per Room | $54,333 |
| Sale Type | Investment |
| Cap Rate | 8% |
| Sale Condition | Bulk/Portfolio Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 2,832 SF |
| No. Rooms | 9 |
| No. Stories | 1 |
| Year Built/Renovated | 1970/2020 |
| Parking Ratio | 2.82/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 9 | $55.00 | - |
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PROPERTY TAXES
| Parcel Number | 8401743000 | Improvements Assessment | $4,240 |
| Land Assessment | $1,330 | Total Assessment | $5,570 |
PROPERTY TAXES
Parcel Number
8401743000
Land Assessment
$1,330
Improvements Assessment
$4,240
Total Assessment
$5,570
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Apartment | 1901 Clark Ave
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