Norwood Inn & Suites (Independent) | 1213 E Dublin Granville Rd
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Norwood Inn & Suites (Independent) 1213 E Dublin Granville Rd
135 Room Hotel Columbus, OH 43229 For Sale
Investment Highlights
- Lender Approved Short Sale
- Room Revenue 2023: $1,629,487
- Multiple Conversion Opportunities Available
- 135-unit, Interior Corridor, 2 Story
- Price Guidance at $30,000 Per Key Pricing
- Located on Interstate 71, 11 Miles from the Columbus International Airport
Executive Summary
The Bowman Post Group of NewGen Advisory is proud to present the 135-unit, Interior Corridor, 2 Story Norwood Inn and Suites for sale in Columbus, Ohio. This property is offered unencumbered of a franchise, opening possibilities of rebranding or converting to multi-family housing or alternative use. With its convenient location in the populous city of Columbus at the convergence of Interstate 71 and Highway 161, this is a great opportunity for a new owner to enhance their portfolio.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
- Miscellaneous
Property Facts
| Sale Type | Investment | No. Rooms | 135 |
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1969/2004 |
| Building Class | B | Parking Ratio | 1.53/1,000 SF |
| Lot Size | 4.28 AC | Corridor | Interior |
| Building Size | 89,096 SF |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 4.28 AC |
| Building Size | 89,096 SF |
| No. Rooms | 135 |
| No. Stories | 2 |
| Year Built/Renovated | 1969/2004 |
| Parking Ratio | 1.53/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 135 | $64.00 | - |
PROPERTY TAXES
| Parcel Number | 010-121652 | Improvements Assessment | $1,343,970 |
| Land Assessment | $658,350 | Total Assessment | $2,002,320 |
PROPERTY TAXES
Parcel Number
010-121652
Land Assessment
$658,350
Improvements Assessment
$1,343,970
Total Assessment
$2,002,320
zoning
| Zoning Code | C4 (Commercial) |
| C4 (Commercial) |
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Norwood Inn & Suites (Independent) | 1213 E Dublin Granville Rd
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