TEN-X AUCTION JULY 29-31 • Norwood Inn * Columbus OH * 135 Units * Previous Comfort Inn doing $2.1M

Ohio, United States

Confidential

Sale conditions: Market

Snapshot

Auction

Auction Date: 12/31/1969 - 12/31/1969
Ownership: Fee Interest
Type: Hotel
Sub Type: Limited Service
Chain / Market Scale: Midscale
Brand: Independent
Corridor: Interior
No. of Keys: 135
Site Size: 4.275 AC

INVESTMENT HIGHLIGHTS
• Multiple conversion opportunities, including Best Western, Baymont Inn, Days Inn, Americinn, Clarion Pointe, Motel 6, and Studio 6.
• Property offers multiple amenities, including interior corridors, indoor pool & fitness center, elevator, and two ballrooms.

MARKET HIGHLIGHTS
• Prominent visibility along I-71 and SR-161, less than 15 miles from downtown Columbus.
• Strategically positioned near several demand generators, including JPMorgan Chase headquarters, The Ohio State University, and Intel’s new $20B headquarters.
• 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.

Highlights:

General Property Information


Property Name:
Property Type: Hotel
Property Sub Type: Limited Service
Chain / Market Scale: Midscale
Brand: Independent
Corridor: Interior
Keys: 135
Building Status: Existing
No. of buildings: 1
Stories: 2
Site size: 4.275 AC
Parking Type: Surface
Construction Type: Reinforced Concrete
Year Build: 1969
Year Renovated: 2017
Room Inventory Description:

# Rooms: 135
# Stories: 2
# Buildings: 1
Corridors: Interior
Year Built: 1969
Land Area: 4.275 acres
Construction: Concrete
HVAC: Individual room HVAC units
Roof: Pitched-Shingled
Amenities: Indoor Pool, Elevator, Meeting Rooms

Common area amenities:

Business Center

Breakfast Area

Exercise Room

Indoor Pool

Source of Business:

Group

Transient

Corporate

Leisure

Commercial

Additional Links:

Location


Country: United States
State: Ohio
Postal Code:
APN/Parcel ID:
Location Type:
Location Overview:

3rd Party Website



Brokers

Errol Anthony D'Souza, CHB

President, Principal Broker
Laurel Real Estate Company

FL #BK3479090
OH #BRK.2002016764

740 965 1966
edsouza@laurelsales.com


Lauren D'Souza

Senior Associate
Laurel Real Estate Company


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