This Hotel & Motel Property is Off-Market.

1325 Veterans Parkway
Columbus, GA 31907 ·

153 Rooms · Hotel & Motel For Sale

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Quality Inn

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

Description

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.

Highlights

  • 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%

Research

1325 Veterans Parkway, Columbus, GA 31907 (Muscogee County)

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