Hotel-Motel
Hampton Inn Marysville
16610 Square Dr, Marysville, OH 43040
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap has been retained to exclusively market the 83 room Hampton Inn in Marysville, Ohio. The hotel is being offered fee simple, unencumbered of debt and management and is located just half an hour from Downtown Columbus and less than an hour from Dayton for a combined population of over 2.9 million. The hotel in 2019 recently completed the Hilton FYI PIP for Hampton and is finishing the expansion of additional 5 rooms to be put in service for a total of 83 rooms. The hotel will be relicensed with completion of a Soft goods PIP upon transfer and provides a unique opportunity for an investor to participate in Columbus’ burgeoning growth and LG/Honda’s recent $4.4 Billion EV Battery plant project and expansion in the immediate area and region. The Hampton Inn Marysville is projected to exceed $2.3M+ Room revenues by year end 2024 and generate over $900,000 NOI. The Marysville market has been extremely resilient, absorbing 2 new Hilton/Marriott Hotels opened during the pandemic exceeding Pre-Covid RevPar. The Hampton Inn Marysville presents investors with an attractive return on investment with solid future growth and is priced to sell.
Investment Highlights
- $973,614 Net Operating Income
- Long Term Hilton Relicense
- 30 Minutes from Downtown Columbus
Exclusively Listed By
Financing By
Listing Price: Request For Offer
Investment Highlights
- $973,614 Net Operating Income
- Long Term Hilton Relicense
- 30 Minutes from Downtown Columbus
Investment Overview
Marcus & Millichap has been retained to exclusively market the 83 room Hampton Inn in Marysville, Ohio. The hotel is being offered fee simple, unencumbered of debt and management and is located just half an hour from Downtown Columbus and less than an hour from Dayton for a combined population of over 2.9 million. The hotel in 2019 recently completed the Hilton FYI PIP for Hampton and is finishing the expansion of additional 5 rooms to be put in service for a total of 83 rooms. The hotel will be relicensed with completion of a Soft goods PIP upon transfer and provides a unique opportunity for an investor to participate in Columbus’ burgeoning growth and LG/Honda’s recent $4.4 Billion EV Battery plant project and expansion in the immediate area and region. The Hampton Inn Marysville is projected to exceed $2.3M+ Room revenues by year end 2024 and generate over $900,000 NOI. The Marysville market has been extremely resilient, absorbing 2 new Hilton/Marriott Hotels opened during the pandemic exceeding Pre-Covid RevPar. The Hampton Inn Marysville presents investors with an attractive return on investment with solid future growth and is priced to sell.