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Cash Flow Opportunity
Palmantiers Motel
3.25 Acres - 2 Homes - 9 Motel Rooms - Pool
Fronts On 3 Roads Including US Rt. 30
Paris Twp. - Stark County, Ohio
No Zoning
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Absolute auction, owned since 1975, owner retiring, sells to the highest bidder on location
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13371 Lincoln St SE, Paris, Paris Township, OH 44669 |
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Directions
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Take US Rt. 30 east of Canton or west of Minerva to auction. Watch for KIKO signs
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Thursday, August 12, 2010 Real Estate: 06:00 PM |
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3.25 acres total w/frontage on Rt. 30, Baywood and Paris Ave. 9 hotel rooms each having a bath, 2 beds & a garage. Each has an elec. heat/AC unit. Also, two homes (adjoining), brick two story home has 4 bedrooms and 3 full baths - vinyl sided two story home has 3 bedrooms and 2 full baths & central A/C. Both homes have oil heat. Both are in nice condition, both have basements and separate utilities. Homes are currently rented for $600 each/month. Property has 2 septic systems and 1 well, also a detached 2-car garage and a 1-car storage shed. Dog Leg shaped in-ground pool and paved driveways. New 3 dimensional shingles placed on all buildings in 2005. A very well maintained property with no zoning. A great cash rent flows opportunity in a high exposure location.
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Terms & Conditions
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Real Estate Terms: 10% down auction day, balance due at closing. A 10% Buyers premium will be added to the highest bid to establish the purchase price. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct.
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AUCTIONEER/REALTOR: Matthew P. Kiko, AARE, ext. 155 or 330-327-9617
AUCTION BY ORDER OF: Carolyn S. Koontz
Russ Kiko Associates Inc. Auctioneers
Richard T. Kiko Agency, Inc. Realtors
2805 Fulton Dr. NW, Canton, OH. 44718
(330) 455-9357
www.kikoauctions.com
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