• Interior-corridor property with desirable highway access and visibility along I-71.
• High room count and large parcel provide multiple options for future owner - potential opportunities include converting the flag, dual-branding, or converting to alternative use.
• New roof in 2023.
• SELLER FINANCING AVAILABLE with 25% down.
• Tremendous upside opportunity: property is consistently ranked 6 of 6 in competitive set for occupancy and RevPAR. Potential revenue, adjusted for competitive set, is $1,894,071 – nearly $1M above current revenue.
• Located in a high-priority redevelopment zone in the City of Columbus’ new Zone In program.
• Columbus was named the fastest-growing city in America by the Bank of America Institute.
• Option to convert to extended stay: PIP available for Suburban Studios with key incentive money.
• Includes standalone restaurant with liquor license generating $40,800 in annual rent.

Highlights:

Room Inventory Description:

Address: 1078 East Dublin Granville Rd, Columbus, OH 43229
Room Count: 165
Year Built: 1973
Buildings: 1 building
Stories: 2 stories
Amenities: On-site manager’s apartment, standalone restaurant with liquor license
Parcel Size: 3.76 acres
Construction: Wood frame
HVAC: Individual PTAC units
Roof: Flat rubber; new in 2023

Common area amenities:

Source of Business:

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