Econo Lodge Columbus | 2015 Military Rd
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Econo Lodge Columbus 2015 Military Rd
60 Room Hotel Columbus, MS 39701 $2,400,000 ($40,000/Room) 11.90% Cap Rate
Executive Summary
• 60 Guestrooms across a two-story, exterior corridor structure.
• Demonstrates significant growth, with promising forecasts indicating room for substantial
improvement in ADR and RevPAR.
• This hotel is poised to capitalize on its proximity to major economic catalysts, including the
Airbus assembly line and the upcoming Aluminum Dynamics mill, both of which are set to
significantly increase local business travel and drive demand for accommodations.
• Strategically located near Interstate 82, Highway 12, and Highway 50 (Combined daily traffic of
~32,000), the property offers excellent access for transient and business travelers.
• Nearby Golden Triangle Regional Airport: Only 23 minutes away, providing easy access for air
travelers and serving as a logistical advantage.
• Opportunity to enhance profitability through improved operational efficiencies and guest
satisfaction, without substantial capital expenditure.
• Offered at a competitive price per key of approx. $43,000, providing a cost-effective entry into
a growing hospitality market of Columbus, MS.
• Demonstrates significant growth, with promising forecasts indicating room for substantial
improvement in ADR and RevPAR.
• This hotel is poised to capitalize on its proximity to major economic catalysts, including the
Airbus assembly line and the upcoming Aluminum Dynamics mill, both of which are set to
significantly increase local business travel and drive demand for accommodations.
• Strategically located near Interstate 82, Highway 12, and Highway 50 (Combined daily traffic of
~32,000), the property offers excellent access for transient and business travelers.
• Nearby Golden Triangle Regional Airport: Only 23 minutes away, providing easy access for air
travelers and serving as a logistical advantage.
• Opportunity to enhance profitability through improved operational efficiencies and guest
satisfaction, without substantial capital expenditure.
• Offered at a competitive price per key of approx. $43,000, providing a cost-effective entry into
a growing hospitality market of Columbus, MS.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $2,400,000 | Lot Size | 1.56 AC |
| Price Per Room | $40,000 | Building Size | 23,682 SF |
| Sale Type | Investment | No. Rooms | 60 |
| Cap Rate | 11.90% | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1992 |
| Property Subtype | Hotel | Parking Ratio | 2.83/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Price | $2,400,000 |
| Price Per Room | $40,000 |
| Sale Type | Investment |
| Cap Rate | 11.90% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.56 AC |
| Building Size | 23,682 SF |
| No. Rooms | 60 |
| No. Stories | 2 |
| Year Built | 1992 |
| Parking Ratio | 2.83/1,000 SF |
| Corridor | Exterior |
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 | 60 | $80.00 | - |
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PROPERTY TAXES
| Parcel Number | 56W14-01-01301 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $229,338 |
PROPERTY TAXES
Parcel Number
56W14-01-01301
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$229,338
zoning
| Zoning Code | C |
| C |
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Econo Lodge Columbus | 2015 Military Rd
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