4029 Marlane Dr - Hospitality FOR SALE
Grove City, OH 43123 |
4029 Marlane Dr
Grove City, OH 43123
HIGHLIGHTS
- AUCTION SITE: https://rimarketplace.com/auction/2014/newly-renovated-44-key-hotel-in-grove-city-ohio
- A newly renovated 44-key hotel in the heart of Grove City, Ohio. With a half-million-dollar revenue in 2023 alone
- A forthcoming contract with the OYO brand promises to elevate its status further, securing a promising trajectory for future growth.
- The assets’ prime location ensures that walk-ins contribute substantially, accounting for up to 70% of the business.
- An additional 0.79-acre parcel for development presents an enticing opportunity for expansion or diversification.
- Within a short drive, are iconic landmarks such as the Greater Columbus Convention Center and Ohio State University.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Grove City Travel Inn
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
22000
STORIES
2
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1973
PARKING SPACES
52
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
C2
APN/PARCEL ID
040-005536
