About This Home
This 0-bedroom, 0-bathroom commercial at 2321 Southgate in Cambridge, OH is listed for $795,000. Built in 1973, on a 4.33 acres lot.
Key Features
- Built in 1973
- 4.33 acre lot
Property Details
Great investment opportunity! Come down to the Cambridge Motel and see if you want to be its next owner! Over 31, 000sf of gross building area! With monthly revenue over $18, 000. Owner has made lots of improvements: new concrete work and drainage system, floor joists and sub floor, gutters, updated plumbing and over 30 new doors installed.
40 updated rooms already generating income, 10 additional rooms in various stages of renovation. 5 buildings in total with 2 buildings ready to have your own spin put on them. There is an established extended-stay and workforce housing tenant base right on I70 with strong visibility and accessibility. Near Cambridge Downtown, Salt Fork, and at the interchange of I70/I77. With 4.53 acres you have a large site for future expansion and growth.
Monthly Cost Estimate
$4,252/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2321 Southgate
Cambridge, OH 43725
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 2321 Southgate is listed at $795,000. The estimated monthly payment is $4,252 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1973, 4.33 acre lot.
This property is listed by Charlotte Landry and can be reached at 8338436398.
