Hotel-Motel
Holiday Inn Express London
100 Holiday Trail NE, London, OH 43140
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap has been retained to exclusively market the fee simple interest of the 61 room Holiday Inn Express in London, Ohio. The hotel is being offered unencumbered of debt and management and represents a unique opportunity to enter the growing Columbus Ohio market at a reasonable Room Revenues Multiplier and attractive projected cashflow. The Holiday inn Express underwent a Formula Blue renovation in 2018/2019 and has historically operated above $70 Revpar. The hotel although 2 Stories will receive Minimal PIP upon transfer and a 10 Year Relicense from IHG.
Exclusively Listed By
Financing By
Listing Price: Request For Offer
Investment Highlights
- New 10 Year License
- Minimal PIP
- 10 Miles From New $4 Billion Honda EV plant
Investment Overview
Marcus & Millichap has been retained to exclusively market the fee simple interest of the 61 room Holiday Inn Express in London, Ohio. The hotel is being offered unencumbered of debt and management and represents a unique opportunity to enter the growing Columbus Ohio market at a reasonable Room Revenues Multiplier and attractive projected cashflow. The Holiday inn Express underwent a Formula Blue renovation in 2018/2019 and has historically operated above $70 Revpar. The hotel although 2 Stories will receive Minimal PIP upon transfer and a 10 Year Relicense from IHG.
Exclusively Listed By
Financing By
