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Property profile & analytics
OFF-MARKET Estimated value $6,640,000
Hotels

2901 Airport Dr Columbus, OH 43219-2299

87,297 SF 3.23 ac lot Built 1996
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US66-6245246
Property summary
AI-generated overview

This fee-simple, 150-key Courtyard by Marriott in Columbus, Ohio, presents a compelling investment opportunity. Boasting 87,297 square feet on a 3.226-acre lot, this three-story hotel underwent a comprehensive renovation in 2021, enhancing its appeal to guests. Currently operating at 70% occupancy, the hotel features a Bistro Restaurant and Lounge, 1,226 square feet of meeting space, a fitness center, guest laundry, business center, sundry shop, and an outdoor fire pit. Its prime location near John Glenn International Airport (CMH), undergoing a $2 billion expansion, and Ohio State University (OSU), with its 65,000+ student population, ensures consistent demand. Further bolstering its potential is the proximity to major corporations like Intel, Amazon, Honda, and LG, which are significantly investing in the Columbus area, driving substantial economic growth and increased passenger traffic at CMH (projected to rise from 8,375,000 to 13,000,000 annually). The hotel's proximity to the Greater Columbus Convention Center, a large facility with extensive meeting and exhibit space, adds another layer of consistent revenue generation. Built in 1997, this stabilized investment offers operational upside in an expanding market, making it an attractive acquisition for discerning investors. The asking price is $15,500,000.

Property profile
Verified
Property type Hotels
Use group HOTEL
Year built 1996
Total area 87,297 SF
Lot 3.23 ac (140,742 SF)
APN 010-233777
UPID US66-6245246
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The Blessed Church Church
  • 2901 Airport Drive Parking Parking Lot & Garage
  • Courtyard Columbus Airport Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$8.76M
CAP Approach CAP
$6.89M
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.64M
Owner & transaction history
Witness Columbus Airport LLC · 1 yrs held
Witness Columbus Airport LLC
since 2025
Last sale
$7.0M
6 recorded transactions
2025
$7.0M
2020
Price N/A
2014
$14.0M
2012
Price N/A
2007
$240,200
2007
$26.5M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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