Log In/Sign Up
Your email has been sent.
Baymont Inn & Suites 887 Morse Rd 134 Room Hotel Columbus, OH 43229 $4,500,000 ($33,582/Room)
Investment Highlights
- Turnkey Property: The hotel has minimal outstanding PIP as the owner has continued to renovate the property over the last three years.
- Located Near Multiple Demand Drivers: Just off the I-71 in North Columbus, the hotel experiences demand from various areas including leisure, entertai
- 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
Executive Summary
Luke Whittaker and Mitchell Glasson are pleased to present this exceptional opportunity to acquire a well-located, 134-room Baymont Inn & Suites at 887 Morse Rd, Columbus, OH. Situated just off Interstate 71 and Morse Road, the property benefits from a high-traffic location with 115,000 vehicles per day. It is surrounded by key demand drivers, including Ohio State University, the Ohio State Fairgrounds, Nationwide Arena, and John Glenn Columbus International Airport, which drive consistent occupancy. The hotel has undergone continuous renovations, and there is minimal outstanding PIP for the new owner. With strong future growth potential and upward trending revenue, this hotel offers a prime investment in a thriving market.
Broker of Record
Matthew Wallace
License # REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113
(866) 889-0550
Broker of Record
Matthew Wallace
License # REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113
(866) 889-0550
Data Room Click Here to Access
- Operating and Financials
Property Facts
| Price | $4,500,000 | Lot Size | 2.36 AC |
| Price Per Room | $33,582 | Building Size | 43,992 SF |
| Sale Type | Investment | No. Rooms | 134 |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1989/2022 |
| Building Class | C | Corridor | Exterior |
| Zoning | CPD, Columbus | ||
| Price | $4,500,000 |
| Price Per Room | $33,582 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.36 AC |
| Building Size | 43,992 SF |
| No. Rooms | 134 |
| No. Stories | 3 |
| Year Built/Renovated | 1989/2022 |
| Corridor | Exterior |
| Zoning | CPD, Columbus |
Amenities
- Business Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 49 | $81.00 | - |
| Guest Room | 85 | $76.00 | - |
1 1
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
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Baymont Inn & Suites | 887 Morse Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.