This exceptional 116-key hotel, situated on a 3.6-acre lot in Columbus, Georgia, presents a compelling investment opportunity. Built in 1986, this two-story, 43,176 square foot property boasts a highly desirable location directly off Interstate 185, Martha Berry Highway, and the Airport Thruway, ensuring excellent visibility and accessibility. The property's proximity to Fort Moore Military Base, a major US Army installation supporting over 120,000 personnel, guarantees a consistent stream of visitors, contributing to reliable occupancy rates. Furthermore, its convenient location near Columbus Airport (CSG), served by major airlines, Columbus State University, Peachtree Mall, and St. Francis - Emory Healthcare, further enhances its appeal to a diverse range of guests. The Interstate 185 section nearest the hotel experiences an average annual daily traffic count of approximately 29,000 vehicles. The property is zoned GC and offers potential for rebranding with another reputable hotel flag or, subject to rezoning approval, conversion to multifamily use. The asking price for this fee-simple interest is $3,950,000. This property represents a significant opportunity for investors seeking a strong return in a thriving market. The property's location near numerous attractions, including the Coca Cola Space Science Center, the Chattahoochee River, and the Columbus Civic Center, adds to its overall appeal and potential for increased revenue. The parcel's APN is 188 007 020A.
Highlights
116-room hotel on a 3.6-acre parcel in Columbus, Georgia.
Excellent visibility and accessibility due to its location directly off Interstate 185, Martha Berry Highway, and the Airport Thruway. High AADT of approximately 29,000 vehicles on the nearby Interstate 185 section.
Strong occupancy rates ensured by proximity to Fort Moore Military Base, supporting over 120,000 personnel.
Located approximately one mile from Columbus Airport (CSG), served by major airlines.
Rebranding opportunity with various hotel flags, with low expected liquidated damages.
Potential for conversion to multifamily use, subject to rezoning.
Hospitality property - 116-Room Hotel, Prime Location
Where is the hospitality property located?
The property is located at 5585 Whitesville Rd Columbus, GA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 116-room hotel on a 3.6-acre parcel in Columbus, Georgia.; Excellent visibility and accessibility due to its location directly off Interstate 185, Martha Berry Highway, and the Airport Thruway. High AADT of approximately 29,000 vehicles on the nearby Interstate 185 section.; Strong occupancy rates ensured by proximity to Fort Moore Military Base, supporting over 120,000 personnel.
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Contacts
David Greenberg
Ely Silverstein
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Whitesville Rd Columbus, GA 31904
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Whitesville Rd Columbus, GA 31904
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5585 Whitesville Rd
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