Property summary
This exceptional 68-key Country Inn & Suites hotel in Pickerington, Ohio, presents a lucrative investment opportunity. Boasting 49,600 square feet across three stories, this single-building property underwent a complete renovation in 2017. The hotel features newly renovated rooms equipped with mini-fridges and flexible workspaces, catering to both business and leisure travelers. Two 1,800 square foot meeting rooms provide ample space for events. Its prime location offers easy access to major employers like Google and Intel, vibrant retail at Windmiller Square, and the Ohio Stadium. Proximity to John Glenn Columbus International and Rickenbacker International Airports (under 15 miles), which saw a combined 8.7 million passengers in 2023, ensures a steady stream of guests. Pickerington itself is a thriving community, just 17 miles southeast of Columbus, offering a blend of suburban tranquility and convenient access to the city's amenities and major universities, including Ohio State University. The city's commitment to economic development and its extensive park system further enhance the property's appeal. The asking price for this well-maintained, high-performing hotel is $5,500,000. This represents a compelling investment in a rapidly growing market with strong potential for future returns. The property's strong performance and strategic location make it an ideal acquisition for experienced hospitality investors seeking a profitable addition to their portfolio.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel
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Hotel & Motel
Location
Value estimations
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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