Basics
- Date added: Added 5 months ago
- Category: Hotel
- Rent Period: Daily
- Type: Limited Service
- Status: For Sale
- Guestrooms: 60
- Meeting space sq ft: 500
- Floors: 2
- Area, sq ft: 21811 sq ft
- Lot size, sq ft: 67333 sq ft
- Year built: 1992
- Price per sq ft: $124
- Price Per Key: $48,333
- Cap rate: 10.92%
- NOI: $316,695
- Occupancy: 55.46
- Broker: Hotel Brokers Of America
- Agent: Ralyan Rab
- Agent Phone: 661-808-4998
- Agent Email: deals@hbofamerica.com
- Website:: https://hotelbrokersinc.com/
Description
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Description:
- Economy Brand Affiliation with Choice Hotels reservation system
- The Hotel comes with a 3 bedroom and 2 bath Owners Apartment for easy day-to-day management.
- Conversion Opportunity to Super 8 by Wyndham (with Key Money)
- Diverse, Non-Cyclical Demand Base (military, aerospace, healthcare, highway)
- Heavily Cash flowing Asset
- Owner-Operator Friendly Asset with operational flexibility
- Upside Through Expense Controls, Rate Management, and Local Sales Efforts
- Attractive Basis vs. Replacement Cost in a stable regional market
- The hotel’s financial performance demonstrates consistent top-line revenue, stabilized occupancy, and High Profits, offering an attractive Price Per Key for continued Profitability with additional upside through hands-on management and Revenue Management.
DEMAND GENERATORS:
- Columbus Air Force Base (CAF B) – Major military installation supporting training operations, contractors, visiting personnel, and government travel
- Airbus Helicopters – Major aerospace manufacturing facility drawing engineers, vendors, and international visitors
- Steel Dynamics & Manufacturing Employers – Ongoing industrial and logistics-related demand
- Baptist Memorial Hospital – Golden Triangle – Regional healthcare hub
- Mississippi University for Women (MUW) – Academic, administrative, and event-driven demand
- Golden Triangle Regional Airport (GTR) – Commercial air service supporting business travel
Location
- Neighborhoods: Stores
This Limited Service style property is located in Columbus is currently Hotel and has been listed on Hotel Project Leads. This property is listed at $2,700,000. It has bedrooms, bathrooms, and is 21811 sq ft. The property was built in 1992 year.