Norwood Inn * Columbus OH * Seller Financing * 135 Units * Previous Comfort Inn doing $2.1M * Approved for Best Western
Ohio, United States
$5450000
Sale conditions: Market
Snapshot
Active| Type: | Hotel |
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| Sub Type: | Limited Service |
| Chain / Market Scale: | Midscale |
| Brand: | Best Western |
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| Corridor: | Interior |
| No. of Keys: | 135 |
| Site Size: | 4.275 AC |
Price: $5,450,000
Price per Room: $40,370
Revenue 2021: $1,252,663
Revenue 2017: $2,106,693
(As Comfort Inn)
Revenue Multiplier: 4.35
Occupancy: 44.0%
ADR: $57.71
RevPAR: $25.42
Highlights:
Login to viewGeneral Property Information
| Property Name: | Login to view |
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| Property Type: | Hotel |
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| Property Sub Type: | Limited Service |
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| Chain / Market Scale: | Midscale |
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| Additional Property Type: | Hotel |
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| Brand: | Best Western |
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| Corridor: | Interior |
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| Keys: | 135 |
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| Room SF: | 288 |
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| Building Status: | Existing |
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| No. of buildings: | 1 |
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| Stories: | 2 |
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| Building size(SF): | 76172 |
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| Site size: | 4.275 AC |
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| Sprinklers: | None |
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| Parking Type: | Surface |
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| Parking Spaces: | 180 |
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| Construction Type: | Reinforced Concrete |
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| Year Build: | 1972 |
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| Year Renovated: | 2017 |
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Room Inventory Description:
# Rooms: 135
# Stories: 2
# Buildings: 1
Corridors: Interior
Year Built: 1972
Land Area: 4.275 acres
Construction: Concrete
HVAC: Individual room HVAC units
Roof: Pitched-Shingled
Amenities: Indoor Pool, Elevator, Meeting Rooms
Franchise: Approved for Conversion to Best Western
Parcel ID: Franklin County Parcels #010-121652-00
Common area amenities:
Business Center
High Speed Internet
Breakfast Area
Exercise Room
Indoor Pool
Source of Business:
Group
Transient
Corporate
Leisure
Commercial
Additional Links:
Login to viewLocation
| Country: | United States |
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| City: | Login to view |
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| State: | Ohio |
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| Postal Code: | Login to view |
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| APN/Parcel ID: | Login to view |
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| Location Type: | Login to view |
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Location Overview:
Brokers
Errol Anthony D'Souza, CHB
President, Principal Broker
Laurel Real Estate Company
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