Login form
Sorry, User can NOT register!

Country Squire Inn & Suites Coshocton

Number of Rooms:    50
Number of Stories:    2
Building Area:    15,880 s.f.
Corridors:    Interior and Exterior
Lot Size:    5.43 ± acres
Year Built:    1972
Amenities:    Microwave in every room, restaurant (leased)
Restaurant Lease:    Lease started March 1, 2018 and runs until March 31st, 2019.  Minimum annual rent $18,000.00 ($1,500.00/month) plus 5% of annual gross food sales in excess of $367,500.00.  Lessee is responsible for all interior and exterior maintenance, real estate taxes, utilities, and insurance.
Real Estate Taxes:    Annual real estate taxes are $13,501.00 of which the restaurant pays about 30% or $4,050.00.
Financial Statements:    The financial statements show an expense item for lease, this payment is made to the owner. This expense will go away upon a sale.
Management:    Absentee Management.
Seller Financing: Seller will finance a qualified Buyer with 20% downpayment, 7.5% interest rate, 20 year amortization and a full balloon payment in 3 years.
Travelodge PIP: A PIP from Travelodge has been done which is attached. There is no obligation to convert the property to a Travelodge. This was simply done to give an indication of the condition of the property.

Financial Information: Download PDF (Registered Users Only)

  • Address: 275 South Whitewoman Street,

    Coshocton, Ohio 
  • Price: $400,000 
  • Phone Number: 937.438.6700 ext. 1