buy, sale, hotels, motels, restaurants, convenient stores, gas stations, bars, coupon, coupons

Hotel / Motel For Sale: Ramada Columbus Airport (Columbus, OH)

Property Information

  • Price (IN USD $):
  • Address: 4801 East Broad Street, Columbus, OH 43213
  • For Sale/Auction?: Sale
  • Rooms: 147
  • State: Ohio
  • Buildings: 1
  • Country: USA
  • City: Columbus
  • Area ( Sq.Ft. ): 154,071 Sq. Ft.
  • Zip Code: 43213
  • Property ID : 3541

Property Description

INVESTMENT OVERVIEW

Marcus & Millichap has been retained to exclusively represent the seller on the sale of this 147 room Ramada Inn in Columbus Ohio. It is conveniently located by the Columbus Airport as well as a diverse amount of corporate and leisure demand generators. This hotel was built in 1964 and is in excellent condition with brick construction, interior corridors and contains two stories. The hotel has the following common area amenities: on-site restaurant, newspaper, free breakfast, guest laundry, fitness center, meeting room, business center, outdoor pool, guest laundry, on site restaurant, and vending/ice machines. The hotel has the following room amenities: whirlpool, microwave, refrigerator, hairdryer, ironing board, television, table and chair, coffee maker, direct dial phone, access to outdoor balcony, and clock radio.

Additional Features

INVESTMENT HIGHLIGHTS

147 Rooms Interior Corridor
Two Story Full Service
Below Replacement Cost at $17,006 per key
Minimal PIP and Well Maintained
Priced Under 2.5 Times RRM
Columbus Airport Location
21.7 Percent Cash-on-Cash Return
Significant Upside Potential

For Sale by Agent

Author profile image

Alexandre Duong

Listing Details :
Listed on : 2:48 pm
Property Id : #3541

Agent Contact Info

Schedule a Showing

Property Map

Location :

Similar Properties

Send to Friend

Email Agent

Motel Industry located at 219 Hart Avenue , Greenville, Ohio 45331, USA . Reviewed by 29 customers rated: 5 / 5