614-430-5048
4850 Frusta Dr, Columbus, OH for Sale
Hospitality - FOR SALE
1/4
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4850 Frusta Dr
Columbus, OH 43207


HIGHLIGHTS

  • Choice hotel branded asset, Quality Inn will brand with PIP.
  • Located in the Dynamic Columbus Ohio market where over $50 billion dollars of new development is taking place, including Intel, Honda EV, Amazon, etc
  • The Nearby Rickenbacker airport is within a Foreign Trade Zone and contains an intermodal rail hub. The nearly 75M square foot industrial market
  • This hotel is a great asset for owner-operators or first-time hoteliers. Its small size is manageable, and the Choice brand provides strong support
  • Opportunity to drive room revenue post PIP.
  • The market average RevPAR of $45 offers significant upside for a value add buyer.

OVERVIEW

CBRE, in conjunction with RealInsight Marketplace, is pleased to present the opportunity to acquire the Quality Inn & Suites (“the Property”), a 59-room, two-story interior corridor hotel with a pitched shingled roof and a stucco exterior. The property has amenities such as a fitness center, complimentary breakfast, a business center, and guest laundry. Rooms feature free Wi-Fi, microwave, refrigerator, flat screen TVs, and coffee/tea makers. The Quality Inn is proximate to multiple restaurants with easy access to route I-270. It is also near Rickenbacker International Airport, which has consistently experienced significant distribution growth over the past 2 decades. The SE Industrial market is the largest industrial market in Columbus with nearly 75 million square feet. The growth is driven by the Foreign Trade Zone status and the intermodal rail service. https://rimarketplace.com/auction/2293/receiver-sale-quality-inn-suites-columbus-oh

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

59

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quality Inn & Suites South/Obetz

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

2002

PARKING SPACES

59

LAND DETAILS

LAND ACRES

2.05 AC

LAND SF

89,298 SF

ZONING

-

APN/PARCEL ID

152-001761

ASK ABOUT THIS PROPERTY

614-430-5048

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614-430-5048

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