0 Main StNew Philadelphia, OH 44663

This exceptional investment opportunity encompasses a fully renovated 48-room hotel/motel in New Philadelphia, Ohio, situated on over three acres. Boasting a gross revenue of $417,000 and a 37.5% occupancy rate, this property offers significant earning potential. The average daily rate (ADR) stands at $64.80 per room. On-site amenities include a laundry area, breakfast/meeting room, and a 256 sq. ft. utility building. The extensive blacktop parking lot and concrete sidewalks are in excellent condition, complemented by a rear limestone lot suitable for semi-truck parking. Adding to its appeal is a 1,350 sq. ft., three-bedroom, one-bathroom single-family home with a one-car garage, constructed in 2004. This turnkey operation is ready for immediate ownership. Financial details and due diligence materials are available upon request with a Letter of Intent and proof of funds. The property is located at Main St, New Philadelphia, OH 44663, in Tuscarawas County. This combined hotel and residential property presents a rare chance to acquire a profitable business and comfortable living quarters in one convenient location.