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2350 Westbelt Dr
Columbus, OH 43228

Courtyard Columbus West/Hilliard · Hospitality Property For Sale · 110,582 SF

Investment Highlights

  • Fee simple interest in this hotel asset offered through a receiver sale unencumbered of debt and management at a significant discount to replacement.
  • Strong operational upside in purchasing out of receivership, completing the PIP, and retaining the Courtyard brand for the remaining term.
  • Adjacent to and readily accessible via I-270 (the Columbus area’s ‘Outerbelt’) with more than 125,000 vehicles passing the location daily.
  • The hotel underwent a comprehensive renovation plan that totaled approximately $2,880,000 ($19,000 per key) in renovations between 2017-2019.
  • Readily accessible to all core Columbus West/Hilliard and neighboring community demand, including CSX Intermodal and the City of Dublin.
  • Near Downtown Columbus and all core regional demand, including Ohio State University, Ohio Stadium, Nationwide Arena, and more.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 6.29 AC
Building Size 110,582 SF
No. Stories 4
Year Built/Renovated 1988/2018
Parking Ratio 2.88/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • High Speed Internet Access
  • On-Site Bar
  • Meeting Event Space
  • Wedding Venue
  • Public Access Wifi
  • Smoke-Free

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 560-204259
  • 560-210798
Land Assessment
$306,845
Improvements Assessment
$3,057,565
Total Assessment
$3,364,410

zoning

Zoning Code C4 (Commercial District)
C4 (Commercial District)
  • Listing ID: 23507865

  • Date on Market: 6/24/2021

  • Last Updated:

  • Address: 2350 Westbelt Dr, Columbus, OH 43228

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