$4,500,000 for the Ohio Columbus North Branded Hotel and Suites. This hotel is currently closed.
Gorgeous hotel. A great opportunity to develop the property into a 90-unit apartment building, or for other uses such as Home care for the elderly as a subsidized services business. Great opportunity for the right owner-operator or family. LOCATED ON A MAJOR HIGHWAY EXIT WITH GREAT VISIBILITY. SURROUNDED BY AAA-CREDIT BUSINESSES AND TENANTS. 135 ROOMS ON OVER 3 ACRES OF LAND. $1,635,000 WAS THE REVENUE IN 2025. BEAUTIFUL PROPERTY. Seller was not able to operate the property as a hotel. SELLER HAS PLANS TO REDEVELOP THE SITE TO 90 APARTMENTS, WHICH WILL INCREASE REVENUE TREMENDOUSLY. PLANS ALMOST APPROVED AND READY TO GO. LOCATION, LOCATION, LOCATION. BUILT IN 2018. 135 WELL-APPOINTED LUXURIOUS ROOMS AND SUITES. MINIMUM TRANSFER PIP. 2025 Gross Revenue: $1,635,000. NOI TO BE PROVIDED.
