Holiday Inn Express Groveport, OH

Listing Agents

Andrew Makhlouf
T | 312.610.9067
amakhlouf@paramountlodging.com

Brent Clemens
T | 312.402.2959
bclemens@paramountlodging.com

Detailed Information
Property Highlights
Fee simple interest in the 81-room Holiday Inn Express & Suites Columbus SE / Groveport, OH offered for purchase through a receiver sale
• Property offered for individual sale in the December 1st Ten-X auction event
• Available unencumbered of debt and management and at a significant discount to replacement cost
• Strong operational upside in purchasing out of receivership, completing the PIP, and retaining the Holiday Inn Express brand for a long-term license, or pursue alternative branding options
• Proximate and readily accessible via Interstate-270 and US Highway 33 (the Columbus area’s ‘Outer belt’) with upwards of 81,000 vehicles passing the location daily
• Ideally located in Groveport near all area demand including Allegiant Air, Rickenbacker Airport, Rickenbacker Air National Guard Base, Defense Supply Center, Ts Trim Industries
• Readily accessible to all core Columbus market demand including Ohio State University, Ohio Stadium, Nationwide Arena, the Ohio Statehouse Capitol building, and John Glenn Columbus International Airport
• Optimal time to be investing in greater Columbus, Ohio’s largest city, the 14th largest city in the county, and one of the fastest growing large cities in the country with a robust regional economy that has historically averaged unemployment rates of less than 3%, trending well below national averages
Location