Motel 6


Price:
$3,450,000

Address :
7474 N High St
Columbus, OH 43235


  •  Great location off Interstate 270 in suburban Columbus, Ohio
  •  103-unit, economy, national-franchise property
  •  2-story, exterior-corridor design with recent renovations
  •  Priced well below replacement cost at $33,495 per key
  •  Other franchise affiliations that may be available include Red Roof Inn, Rodeway Inn, and Baymont Inn.
  •  Pursuant to Ohio real estate licensing requirements, this hotel is listed for sale in co-operation with Laurel Real Estate Co., P. O. Box 284, Galena, Ohio 43021, a licensed real estate broker in the State of Ohio.
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  •  Columbus, Ohio is the state capital and the state’s most populous city.
  •  The City of Columbus is the core of the Columbus Region, an 11-county area that is home to 2.1 million people.
  •  The Columbus Region has an annual growth rate of 1.1% (national average is 0.7%).
  •  Close to Regional Demand Generators, Including...
    •  2.8 Miles to InBev Anheuser Busch Columbus Brewery
    •  3.2 Miles to Polaris Fashion Place
    •  8.1 Miles to Columbus Zoo and Aquarium
    •  9.1 Miles to The Ohio State University
    •  11 Miles to Ohio Expo Center and State Fairgrounds
    •  13 Miles to Columbus Arena District
    •  16 Miles John Glenn Columbus International Airport
    •  30 Miles to Rickenbacker Inland Port
    •  33 Miles to Honda NA Headquarters (Marysville)
  •  103 Rooms
  •  Coffee in Lobby
  •  Guest Laundry
  •  Wireless Internet
  •  2 Stories
  •  Exterior Corridors
  •  Wood Frame Structure
  •  EIFS & Wood Facade
  •  Gable Roof with Asphalt Shingles
  •  Asphalt Parking Lot
  •  Built 1982
Thank you for your interest in this Mumford Company Listing. In order to review the financial and operating performance of this property, please complete the required fields below. If you are a real estate broker, please click here and you will be directed to our co-brokerage registration form.




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Financials
2015
2016
2017
T-12Mos 5/18
Occupancy
59.07%
59.66%
57.94%
57.94%
Average Daily Rate
$47.52
$48.03
$48.65
$49.57
Room Revenue
$1,055,166
$1,080,177
$1,062,551
$1,079,674
Net Operating Income
$246,682
$312,130
$255,042
N/A
Monthly operating statistics are calculated on a cash basis and will not match completely with sales figures presented in the income statement.
This is a confidential offering intended for the recipient's use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!