PA Picks – How About Some Hospitality?

November 7th, 2014 by Ori Klein

Ever dream of owning your own hotel or motel? If so, you’re in luck – real estate in the hospitality sector has some very lucrative offerings hitting the auction block. Peruse our picks this week and you may be tempted to venture into the innkeeper business.

Take a look at Pamela Rose Auction’s 158-room hotel in Toledo, Ohio. Nestled on 7+ acres, this classic inn also comes with a full bar and dining room, and presents a host of opportunities for land investment or multi-unit commercial use. PA digs this one for its location, adjacent to I-280 and close to the Chrysler Jeep Plant. Online bidding ends November 21st.

Pamela Rose Auction Company

Looking for a warmer climate? Then check out Fisher Auction’s 76-room motel in Jennings, Florida. This turnkey property is set on over 4 ½ acres and includes furniture and all electronic locks. PA is picking this one for its fully loaded maintenance room complete with tools, lawn equipment, computer systems, cable system, extra air conditioning units, 4 80-gallon water heaters, 70 lb. washer / 50 and 30 lb. dryers – all goes to the lucky winning bidder. Online auction date begins December 2nd and ends December 4th.

Fisher Auction Company

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