Auction John

Auction John I sell Ohio real estate at auction with Ohio Real Estate Auctions. I help sellers market commercial, farm, and residential real estate.

Don't miss this 3.3 acres with a remodeled 3BR, 1BA house, pond, and barns in Wakeman, OH. Learn more at https://bit.ly/...
04/11/2022

Don't miss this 3.3 acres with a remodeled 3BR, 1BA house, pond, and barns in Wakeman, OH. Learn more at https://bit.ly/37b0Ruq

We're selling .75± acre lots zoned C-1 on Detroit Rd, Westlake, OH, 1 mile south of new I-90 exit. Learn more at https:/...
04/22/2021

We're selling .75± acre lots zoned C-1 on Detroit Rd, Westlake, OH, 1 mile south of new I-90 exit. Learn more at https://bit.ly/3azFNw3

We're liquidating this condo with 6 office spaces, 2 bathrooms, kitchenette, and conference room. Learn more at https://...
07/08/2020

We're liquidating this condo with 6 office spaces, 2 bathrooms, kitchenette, and conference room. Learn more at https://bit.ly/2VVx8wE

How To Drop a Bus
04/21/2017

How To Drop a Bus

Moving all these cars is no easy task.  Ron and his grandson are working daily to get the cars cleaned up and moved into position so they can be moved out to the Summit Motorsports Park for Day One of the auction.  Watch what happens and how they are moving some of the Big Boys on the lot!

This Thursday, April 20th at 11am - will be SOLD!
04/19/2017

This Thursday, April 20th at 11am - will be SOLD!

NEW PHOTOS & INFO POSTED
03/27/2017

NEW PHOTOS & INFO POSTED

I called Ron a few weeks ago, to find out if he had been home from his winter trip out west, yet.  Here's how it played out.  

New photos and updated weekend information at www.ronhackenberger.com
03/22/2017

New photos and updated weekend information at www.ronhackenberger.com

- Open House, view all 400+ cars at Summit Motorsports Park.  We are bringing the best cars - micro, mini, antique, collectible, unique and orphan cars to this location for a spectacular event.  There will be food, drink, restrooms and every needed amenity.  Gates open at 9am.  It will be free to co...

Introducing   Auction Day ONE - will be held HERE!
03/20/2017

Introducing Auction Day ONE - will be held HERE!

On behalf of JF Marketing, Vanderbrink Auctions and The Summit Motorsports Park, we are VERY EXCITED to tell the world that we will be

pre-launch of  .com has been a "blast" to say the least.    and   are ready to launch a "moon shot" next week!
02/05/2017

pre-launch of .com has been a "blast" to say the least. and are ready to launch a "moon shot" next week!

With barely a week under our belts, we have received almost 5,000 requests for the auction catalog.  This goes beyond what we even imagined would be the response.  

11/12/2015

Lakewick Hotel
11/9/2015

UPDATE

1. Most of the demolition work is done and contractors are working on outside demo which will be done by Friday.

2. All Drawings and Specs are ready to submit to the City of Wickliffe, which will be filed with City of Wickliffe by Friday November 14th and we will have all Permits and Licenses from City of Wickliffe by Friday, November 20th.

3. We signed a Franchise Membership agreement with Best Western Plus and now we are officially a Best Western Plus and we are doing all PIP work as Best Western Plus.

4. Majority of Sub Contracts are done including all Tile work, Lobby Area, Atrium Area as well as F and B area.

5. Lobby has been opened up and all electric demolition has been completed.

6. The way we are working, we can finish this project on or before June 1st 2016 and will open the hotel by June 1st 2016.

7. Buyer will have all Republican Convention business in July 2016.

8. We have several Food and Beverage operators who have creditable records in OH spanning the last 15 years and they own a Sports Bar as well as a full service restaurant. We are in the process of leasing this F and B area of the hotel with 10% of gross revenue as a Basic Rent and 10% of Gross revenue for all utilities, including property taxes, which will bring a minimum of $250K as fix income from F and B.

9. We have a five year projection which shows that we will have approximately $900K NOI minimum from the first year.

Contact me if you or your buyer are interested in a personal tour. It is going to be one beautiful building when finished.

Renovation is coming along quickly.  Hotel is scheduled to open May 1st, 2015
10/10/2015

Renovation is coming along quickly. Hotel is scheduled to open May 1st, 2015

196 room hotel, restaurant, and banquet center on 5.2 highly-visible acres off I-90 in Lake County. Must sell by October...
10/06/2015

196 room hotel, restaurant, and banquet center on 5.2 highly-visible acres off I-90 in Lake County. Must sell by October 31! Former Sheraton 4 Points. Building is currently undergoing complete renovation. All permits in place. For more details, call John Froelich at 440-454-1121.

Address

3105 Dover Center Road
Westlake, OH
44145

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