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Hotel-Motel

Courtyard by Marriott Columbus West/Hilliard

2350 Westbelt Dr, Columbus, OH 43228

Listing Price: Request For Offer

Number of Rooms
150
RevPAR
$68
Gross SF
110,582
Year Built
1988

Investment Overview

Marcus & Millichap, as an exclusive representative of the seller, is pleased to present for sale the Courtyard Columbus West Hilliard. The subject property is a 4-story, 150-room interior corridor hotel, built in 1988, with a lot size of 6.29 acres. The Courtyard Columbus West Hilliard is positioned off major thoroughfares Roberts Road and Jack Nicklaus Fwy. As an important part of the growing Columbus Region, the City of Hilliard is the nexus of friendly, small town living and big city opportunities. With a population of nearly 38,157, Hilliard’s median household income is $97,485. There are approximately 1,104 companies in Hilliard that employ an estimated 15,961 people and contribute to more than one billion dollars in estimated annual sales.

Investment Highlights

  • Operationally, the property achieved over $4,400,000 in gross revenue in 2019 displaying operational potential and strong upside for future ownership.
  • The property underwent a +/-$3,000,000 renovation in 2018 which included FF&E, HVAC systems, and varoius other items. Future ownership PIP is estimated to be $400,000.
  • With a population of nearly 38,157, Hilliard's median household income is $97,485.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s) OH: BRK.2007005898

    Ohio

Financing By

Hotel-Motel

Courtyard by Marriott Columbus West/Hilliard

Listing Price: Request For Offer

Number of Rooms
150
RevPAR
$68
Gross SF
110,582
Year Built
1988

Investment Highlights

  • Operationally, the property achieved over $4,400,000 in gross revenue in 2019 displaying operational potential and strong upside for future ownership.
  • The property underwent a +/-$3,000,000 renovation in 2018 which included FF&E, HVAC systems, and varoius other items. Future ownership PIP is estimated to be $400,000.
  • With a population of nearly 38,157, Hilliard's median household income is $97,485.

Investment Overview

Marcus & Millichap, as an exclusive representative of the seller, is pleased to present for sale the Courtyard Columbus West Hilliard. The subject property is a 4-story, 150-room interior corridor hotel, built in 1988, with a lot size of 6.29 acres. The Courtyard Columbus West Hilliard is positioned off major thoroughfares Roberts Road and Jack Nicklaus Fwy. As an important part of the growing Columbus Region, the City of Hilliard is the nexus of friendly, small town living and big city opportunities. With a population of nearly 38,157, Hilliard’s median household income is $97,485. There are approximately 1,104 companies in Hilliard that employ an estimated 15,961 people and contribute to more than one billion dollars in estimated annual sales.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s): OH: BRK.2007005898

    Ohio

Financing By

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