Hampton Inn • Columbus, OH area • Full PIP completed in 2023 • $900k+ NOI

Ohio, United States

$9900000

Sale conditions: Market

Snapshot

Active

Ownership: Fee Interest
Type: Hotel
Sub Type: Limited Service
Chain / Market Scale: Upper Midscale
Brand: Hampton Inn
Corridor: Interior
No. of Keys: 120
Site Size: 2.63 AC

• Strong cash flow: property generated an NOI margin of 35% in 2025, totaling over $900,000.
• Full PIP completed in April 2023 at cost of over $3,700,000.
• Property is ranked 6 of 6 in competitive set for occupancy and 5 of 6 for RevPAR. Current owners are absentee and out-of-state, presenting opportunity to increase top-line revenue through hands-on management.
• Property carries a non-recourse CMBS loan without personal guarantee. Please contact broker for more information.
• Asking price: $9,900,000 (9.1% capitalization rate).

Highlights:

General Property Information


Property Name:
Property Type: Hotel
Property Sub Type: Limited Service
Chain / Market Scale: Upper Midscale
Brand: Hampton Inn
Corridor: Interior
Keys: 120
Building Status: Existing
No. of buildings: 1
Stories: 5
Site size: 2.63 AC
Parking Type: Surface
Construction Type: Wood Frame
Year Build: 1988
Year Renovated: 2023
Room Inventory Description:

Room Count: 120
Year Built: 1988
Buildings:1 building, 5 stories
Corridors: Interior
Parcel Size: 2.63 acres
Amenities: Fitness center, outdoor pool, meeting rooms
Construction: Wood Frame
Roof: Flat Metal
HVAC: Individual PTAC Units
Elevators: 2

Common area amenities:

Business Center

Exercise Room

Outdoor Pool

Source of Business:

Group

Corporate

Leisure

Commercial

Additional Links:

Location


Country: United States
State: Ohio
Postal Code:
APN/Parcel ID:
Location Type:
Location Overview:

3rd Party Website



Brokers

Errol Anthony D'Souza, CHB

President, Principal Broker
Laurel Real Estate Company

FL #BK3479090
OH #BRK.2002016764

740 965 1966
edsouza@laurelsales.com


Lauren D'Souza-Faze

Vice President
Laurel Real Estate Company

FL #BK3636431
OH #SAL.2022006112

380 799 6608
lauren.dsouza@laurelsales.com


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