Erie Islands Resort & Marina

Lakeside resort available for sale

This is a resort on 375 AC (13 parcels) with a 33-guestroom waterfront hotel, salon & spa, 52 single-standing cottage units, vacation homes and a 138-site RV Village with a tent-campground, a 100-slip marina with fuel electric hookups and two water access ramps, a 15,000 SF indoor recreation center, indoor and outdoor swimming pools, private meeting and event facilities and fishing pond. Other amenities include steam room, convenience store, restaurant, tanning salon, arcade, media room, racquetball court, weight room, pool tables, large pavilion with fire place, small pavilion, barbeque pits, basketball court, walking trail, paddle boats, miniature golf, 9-hole disc golf course and playground. Direct boating access to Portage River leading into Lake Erie. THIS PROPERTY IS BEING SOLD VIA US BANKRUPTCY SALE. 

Property types: Hotel, motel, land

Locations in: OH

Square footage: 375 acres
 

Competing Bid Due Date: October 23, 2017 @ 5:00 p.m.
 
Auction Date: October 26, 2017 @ 10:00 a.m.
 
Sales Hearing: November 2, 2017 @ 9:30 a.m.
 
The auction will take place at:
The Law Office of Brouse McDowell, LPA
388 S. Main Street, Suite 500
Akron, OH 44311
 
Minimum Acceptable Bid: $3,025,000
 
Initial Deposit Due: 10% of Minimum Bid Submitted
 
Buyer’s Premium: A ten percent (10%) Buyer’s Premium will be added to the final bid price
 

Project contact: James Avallone
javallone@gordonbrothers.com
(516) 682-4224

...