887 Morse Rd | Columbus, OH 43229
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887 Morse Rd
Columbus, OH 43229
Baymont Inn and Suites by Wyndham Columbus · Hospitality Property For Sale
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43,992 SF
INVESTMENT HIGHLIGHTS
- TURNKEY PROPERTY – The hotel will have 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 the low expense load of 58%
- COLUMBUS GROWTH – Columbus has experienced a 9% RevPAR growth over the past 12 months and is projected to continue rising over the next 18 months
- LOCATED NEAR MULTIPLE DEMAND DRIVERS – Just off the I-71 in North Columbus, the hotel experiences demand from various areas including leisure
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1989/2022 |
| Building Class | C | Parking Ratio | 3.73/1,000 SF |
| Lot Size | 2.36 AC | Corridor | Exterior |
| Building Size | 43,992 SF | ||
| Zoning | CPD, Columbus | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.36 AC |
| Building Size | 43,992 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1989/2022 |
| Parking Ratio | 3.73/1,000 SF |
| Corridor | Exterior |
| Zoning | CPD, Columbus |
AMENITIES
- Business Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $756,390 | |
| Land Assessment | $364,220 | Total Assessment | $1,120,610 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$364,220
Improvements Assessment
$756,390
Total Assessment
$1,120,610
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