Travelodge Motel
Saturday, March 8 11:00 AM
75 Corporate Center Drive
Vandalia, OH



Absentee Owner Orders Immediate Sale of Travelodge Motel & Development Land.

75 Room Unit in 5 Single Story Buildings with Exterior Corridors * Conference Room Capacity of 60 People * Swimming Pool * Exercise Room * Guest Laundry * 2 Bedroom Manager Apartment * Passed Travelodge Inspection in January 2007 * Travelodge Franchise Transferable for $5,000 * New Roof, Fire Panels, Smoke Alarm System, Telephone System, Computer Hardware * Vending Machines & Dishnet System Owned * Excellent Location for future Hilton Garden Inn, Hampton Inn, Holiday Inn Express, Courtyard by Marriott or Sheraton Brand. Also selling, 1.214 Acres of Development Land.

The property will be Offered in 3 Tracts:
Tract 1: 75 Unit Motel on 2.775 Acres of Land
Tract 2: 1.214 Acres of Development Land
Tract 3: The Entirety of Tracts 1 & 2.
Property will be sold whichever way brings the highest dollar.

Excellent Location across from the Dayton International Airport.
Currently offers free Airport Shuttle with phone in airport terminal.

March 14 & 15 10 AM - 2 PM; March 27: 2 PM - 5 PM;
March 28: 9 AM - 11 AM

BROKER PARTICIPATION: Broker Participation is welcome, but not required. A 2% Commission will be paid to the licensed broker who, 1 hour prior to the start of the auction, registers the bidder who pays for and settles for the real estate. A broker buying on his/her behalf, or on behalf of any business entity in which he holds an interest, is not entitled to a commission.

Payment Information

$70,000 Certified Funds due on day of auction for Tract 1, $10,000 Certified Funds down for Tract 2 on day of auction; balance due at closing on or before 30 days.

Full Terms

REAL ESTATE TERMS: 7% Buyer Premium

Real Estate selling subject to owner confirmation. Real Estate and Equipment is selling AS-IS, WHERE IS WITH NO WARRANTIES OR GUARANTIES EXPRESSED OR IMPLIED. See Bidders Kit for complete terms. In all transactions, Auctioneer is acting as an agent for the Seller. All information received from reliable sources believed to be correct but not guaranteed by auction company. Any announcement made at that auction takes precedence over any material published about this event. Valid Government issued photo ID required to obtain bidding number.

Maas Companies of Ohio Inc 63199671289, Hugh Miller, Curran Miller Auct. 57199773419, Br.000339274

Hotel van is not included in sale.