This property is Off-Market
1325 Veterans Parkway
Columbus, GA 31907 ·
153 Rooms · Hotel & Motel For Sale
|Price||N/A||Property Use Type||Business For Sale|
|No. Rooms||153||Average Daily Rate||$57|
|Building Size||88,000 SF||No. Stories||5|
|Property Type||Hotel & Motel||Year Built||1962|
|Property Sub-type||Economy/Limited Service||Lot Size||3 AC|
|Listing ID: 15887579||Date Created: 09/10/2008||Last Updated: 03/09/2009|
Renovated in 2006, the Quality Inn Columbus consists of 153 guest rooms on five floors with an elevator and has an interior-entry and exterior-corridors. It offers complimentary breakfast, has ample banquet space, a business center, a spacious lobby and an outdoor swimming pool. Rooms have king and double beds with televisions, microwaves, refrigerators and high-speed Internet access throughout the hotel. The Quality Inn hotel provides superior accommodations at affordable rates. This well established, impeccably maintained property priced at $7,200,000.00 is an excellent opportunity for a new operator or an owner user to enter into the hotel business and acquire beautiful property in excellent condition.
This hotel is located in Muscogee County and offers a wealth of opportunities with the right mix of skilled labor, business and corporate incentives and a supportive government for your business to succeed. Conveniently close to the Olympic Softball complex and Fort Benning, local area demand generators consist of the Fort Benning Military Reservation, Columbus State University, Troy University, two major business centers and the Regional Healthcare facilities system. Located approximately one mile from the city's center, six miles from Columbus Metro Airport, and 98 miles from Hartsfield-Jackson International Airport this property is in a prime location.
- Priced At Less than $50,000 Per Room
- Current Average Occupancy Rate of 73%
- Excellent Pricing At 3.12X RRM
- Over 4,200 +/- Square Feet of Meeting and Banquet Space
- Great Trailing 12 Cap Rate of 11.96%
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