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Motel 6 Columbus South |  |
Columbus,
Ohio
Price Reduced!
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Rooms: 101
Price($): 1,900,000
Contact: Chris Dewey
Phone: 404-995-2107
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| | DESCRIPTION | |
Jones Lang LaSalle Hotels, as exclusive agent for the owner,
is pleased to offer qualified investors the opportunity to
acquire the fee simple interest in the Motel 6 Columbus
South, Ohio (the “Property” or the “Hotel”). The 101-
room Motel 6 is located approximately eight miles
southwest of downtown Columbus, off Interstate 71 and
proximate to Interstate 270.
Upside Opportunities
• Strong limited-service Motel 6 brand will remain
• Unencumbered by management
• Increase operating margins by more stringent
management of expenses
• Consistent RevPar growth each of the last three years
• Increase rate: Property currently trails the comp set
ADR by more than $16.00
• Excellent location along the Interstate 71 corridor,
offering outstanding visibility and access
• Significant discount to replacement cost
New Listing: No
Portfolio: No
Price Reduction: Yes
Status: Available
Sold: No
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