for sale
Motel Boutique by Wolf Inn
12211 US Highway 250 N | Milan, OH 44846
Investment Highlights
- 58 Rooms, 2 story, Interior Corridor
- 10.58 Acre Parcel on I-90 and I-80
- Opportunity to build additional 100 units on land
- 2022 Room Revenue: $397,965
- 2023 Room Revenue: $592,086
- 2024 Room Revenue: $485,032
- Priced to sell at $32,758 Per Key or $179,584 per acre
- Offered at 3.9x multiplier
Property Description
The Bowman Post Group of NewGen Advisory is thrilled to present the exclusive listing of the Motel Boutique by Wolf Inn – Milan, OH. Situated on a 10.58-acre lot in the thriving Sandusky/Port Clinton submarket, this two-story hotel features 58 well-appointed rooms and desirable amenities, including high-speed internet, a pool, and an on-site restaurant.
Conveniently located just off I-90 and Route 250, the Motel Boutique by Wolf Inn – Milan, OH benefits from exceptional visibility and high traffic, making it a prime investment opportunity. This is an ideal opportunity for an owner-operator seeking hands-on management and offers significant potential for growth and profitability.
Location Description
Milan, Ohio, is a small town, located just 13 miles from Sandusky OH. It is most notably the birthplace of Thomas Edison, with the Edison Birthplace Museum being a key attraction. Beyond that, Milan has a charming, historic downtown area with unique shops and restaurants.
The Huron River flows through the village, providing opportunities for boating and other recreational activities. It’s a quiet, family-friendly place, ideal for a relaxing getaway or a day trip. While not a bustling metropolis, Milan provides a pleasant escape from larger cities and offers a glimpse into small-town American life.
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Click the “Complete Confidentiality Agreement” button below to access the due diligence files. After you submit the CA form, you will receive an automated email with links to the due diligence files and offering memorandum.
Andrew Post
Senior Vice President
CA #1960611
(805) 557-8857
apost@newgenadv.com
Ryan Bleier
Associate
CA #02249921
(805) 557-8943
rbleier@newgenadv.com
BROKER OF RECORD
Thomas D’Amico
D’Amico Agency Inc.
OH #BRKP.0000177678