Baymont Inn & Suites Rickenbacker Airport Columbus OH 2323 Rickenbacker Pky W

Columbus, OH 43217

Price $2,990,000

Sq Ft 62,454

Agent Anish Shah

Property Resources

Description

Only hotel on Rickenbacker airport grounds adjacent to terminal building. 5 year tax-reduction available to new owner. Recently completed PIP. In process of adding full bar and 24-hour food service which will add substantial incremental revenue. Secure long-term land lease agreement with airport authority. Seller is completing all PIP. Little to no PIP to new buyer. Please complete attached CA for details. Disclosure: Agent is an equity partner in this hotel.

Adjacent to Rickenbacker airport terminal with shuttle service to terminal. Easy access on main road into Rickenbacker minutes form all industrial and major employers including new Amazon Distribution Center

Baymont Inn & Suites

Price	$3,500,000	Commission Split	1%
No. Rooms	95	No. Stories	3
Building Size	62,454 SF	Year Built	2002
Price/Room	$36,842.11	Corridor	Interior
Property Type	Hotel & Motel	Lot Size	97,530 SF
Property Sub-type	Economy/Limited Service	APN / Parcel ID	150-002671
Property Use Type	Business For Sale	Parking Ratio	1.44 / 1,000 SF

Lodging: Yes
Lease: No
Development: No
More Property Types: Yes
Retail: Yes

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