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1213 Dublin Granville Rd Columbus, OH 43229

135-Unit Hotel, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
134
Investor opportunity: A lender-approved short sale presents a 135-unit, two-story hotel in Columbus, Ohio. Built in 1969 and renovated in 1992, this interior corridor property boasts a 2023 room revenue of $1,629,487. Strategically located near the intersection of Interstate 71 and Highway 161, just 11 miles from the Columbus International Airport, this property offers significant potential. Priced at $30,000 per key, it presents multiple conversion opportunities, including the possibility of rebranding, converting to multi-family housing, or exploring alternative uses. The property is unencumbered by a franchise agreement, providing flexibility for the new owner. This is an exceptional chance to acquire a substantial hospitality asset in a thriving market. The property is located at 1213 E Dublin Granville Rd, Columbus, OH 43229, within Franklin County.

Highlights

  • Lender-approved short sale.
  • 135-unit, two-story, interior corridor hotel.
  • 2023 room revenue: $1,629,487.
  • Asking price: $30,000 per key.
  • Multiple conversion opportunities available.
  • Excellent location near I-71, 11 miles from Columbus International Airport.

Property Details for 1213 Dublin Granville Rd

Property type
Hospitality properties, Motels
Year Built/Renovated
1969/1992

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
40.086621933615
Longitude
-82.985797303718

FAQs

What type of property is this?
Hospitality property - 135-Unit Hotel, Prime Location
Where is the hospitality property located?
The property is located at 1213 Dublin Granville Rd Columbus, OH.
What are key features of this property?
This property features: Lender-approved short sale.; 135-unit, two-story, interior corridor hotel.; 2023 room revenue: $1,629,487.
How can I contact the broker?
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1213 Dublin Granville Rd
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