887 Morse Rd
Columbus, OH 43229
Maize-Morse
HIGHLIGHTS
- Turnkey Property: The hotel has minimal outstanding PIP as the owner has continued to renovate the property over the last three years.
- Cash Flowing Business: Given the limited-service nature of the hotel, the new owner will be able to maintain a low expense load, providing a higher ca
- Located Near Multiple Demand Drivers: Just off the I-71 in North Columbus, the hotel experiences demand from various areas including leisure, entertai
FOR SALE DETAILS
PRICE
$4,600,000 USD
PRICE/SF
$105 USD /SF
# OF ROOMS
134
PRICE/ROOM
$34,328 {currency}
CAP RATE
10.87%
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Baymont Inn & Suites
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
-
STORIES
3
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1989
PARKING SPACES
131
LAND DETAILS
LAND ACRES
2.36 AC
LAND SF
102,802 SF
ZONING
CPD, Columbus
APN/PARCEL ID
010-103360,010-274713
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317-493-0055
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317-493-0055
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