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101 Hospital Dr
Columbus, MS 39705
Hyatt Place Columbus · Hospitality Property For Sale · 57,754 SF
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built | 2014 |
| Building Class | B | Parking Ratio | 1.26/1,000 SF |
| Lot Size | 3.00 AC | Corridor | Interior |
| Building Size | 57,754 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.00 AC |
| Building Size | 57,754 SF |
| No. Stories | 4 |
| Year Built | 2014 |
| Parking Ratio | 1.26/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Digital key
About 101 Hospital Dr , Columbus, MS 39705
The Hyatt Place in Columbus has 99 rooms, swimming pool, fitness center, 1,800 sf of meeting space, board room, 24-hour dining, a cocktail bar and 24/7 market. The property was constructed in 2014, opening its doors in December 2014. The franchise agreement with Hyatt runs through 2034 and the guest profile is 70% business/30% leisure. Local business drivers are military base, universities and healthcare system. Columbus is part of the Golden Triangle, an area in Eastern Mississippi of high growth comprised of Columbus, West Point and Starkville. When 200 new units were added to the immediate market area in 2018, Hyatt Place held its Occupancy and RevPar stats. Occupancy is higher and ADR is lower than competitive set, suggesting room for continued revenue growth. PIP audit has not been performed, but seller estimates change of ownership PIP will be $400-$800k. Contact broker for NDA and offering information. Carol Ann Flint Garisun & Company 917-363-0579 cflint@garisunoffmarket.com
PROPERTY TAXES
| Parcel Number | 57W12-00-04902 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $936,612 |
PROPERTY TAXES
zoning
| Zoning Code | C-2 |
| C-2 |
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