Wolf Inn Hotel | 2905 Milan Rd
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Wolf Inn Hotel 2905 Milan Rd
112 Room Hotel Sandusky, OH 44870 $4,000,000 ($35,714/Room)
Investment Highlights
- 112 units, 2 Story, Interior and Exterior Corridor
- 2021 Room Revenue: $1,509,427.55, 2022 Room Revenue: $1,674,442, 2023 Room Revenue: $1,361,991
- Offered at 2.94x Room Revenue Multiplier
- 10 minutes from Cedar Point
- $67,200 Generated from Leased Restaurant Spaces
- Priced to sell at $35,714 Per Key
Executive Summary
The Bowman Post Group of NewGen Advisory is pleased to announce the exclusive listing of the Wolf Inn Hotel in Sandusky, Ohio. This 112-room, two-story hotel, featuring an interior and exterior corridor design, is conveniently located just 10 minutes from Cedar Point, the renowned "Roller Coaster Capital of the World." Cedar Point attracts thrill-seekers from all over, but Sandusky offers much more than just amusement park excitement. Visitors can enjoy beautiful waterfront views, boating, fishing, and beach activities on Lake Erie. This property represents a prime investment opportunity in a city that draws families from near and far.
For more information and to access finacials, please click here: https://airtable.com/appKi7yOZ4kk2VGe7/shrlgRHZHp0t1p6Oe
Broker of Record: Thomas D'Amico | D'Amico Agency | License No.: 177678
For more information and to access finacials, please click here: https://airtable.com/appKi7yOZ4kk2VGe7/shrlgRHZHp0t1p6Oe
Broker of Record: Thomas D'Amico | D'Amico Agency | License No.: 177678
Property Facts
| Price | $4,000,000 | Building Size | 36,600 SF |
| Price Per Room | $35,714 | No. Rooms | 112 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1959 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | C | Parking Ratio | 2.49/1,000 SF |
| Lot Size | 3.03 AC | Corridor | Interior |
| Price | $4,000,000 |
| Price Per Room | $35,714 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 3.03 AC |
| Building Size | 36,600 SF |
| No. Rooms | 112 |
| No. Stories | 2 |
| Year Built | 1959 |
| Tenancy | Single |
| Parking Ratio | 2.49/1,000 SF |
| Corridor | Interior |
Amenities
- Pool
- Restaurant
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 112 | $82.00 | - |
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PROPERTY TAXES
| Parcel Number | 32-00153-000 | Improvements Assessment | $86,282 |
| Land Assessment | $259,490 | Total Assessment | $345,772 |
PROPERTY TAXES
Parcel Number
32-00153-000
Land Assessment
$259,490
Improvements Assessment
$86,282
Total Assessment
$345,772
zoning
| Zoning Code | HC |
| HC |
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Wolf Inn Hotel | 2905 Milan Rd
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