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2015 Military RdColumbus, MS 39701
Econo Lodge Columbus, MS
Asset ClassHotel & Hospitality
Deal Size$2.5 M
overview of deal

Overview

Hotel Brokers of America is pleased to offer, on an exclusive basis, the opportunity to acquire this 60-room Econo Lodge Hotel located in Columbus, MS. This hotel offers a convenient and straightforward stay just off Highway 82, providing easy access to local colleges such as Mississippi State University and area attractions including the Rosenzweig Art Center. Motorsports enthusiasts benefit from proximity to Columbus Speedway and Magnolia Motor Speedway, while Columbus Air Force Base is also easily accessible. The hotel is located minutes from Lake Lowndes State Park, the Columbus Riverwalk and Trail, and the specialty shops, restaurants, and historic architecture of downtown Columbus.

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Investment Highlights

# Keys
60
# Stories
2
Cap Rate
10.92%
Occupancy
55.46%
Site Area
23.68 K Sq. Ft
Year Built
1992

ADR: $61.10

Revenue: $746,102

NOI: $316,695

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2015 Military RdColumbus, MS 39701
Rosenzweig Arts Center/Columbus Arts Council
R.E. Hunt Museum & Cultural Center
The Golden Triangle for Fortune 500 companies

Sales Team

Raiyan RabNUMARIX

License #: MS Lic. #MS - B-18950

404-398-2090Raiyan@numarix.com
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