In Brief: The 66-room Best Western Suites in Hilliard, Ohio, has been listed for sale and features recent renovations and a variety of guest amenities.
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Best Western Suites in Hilliard, Ohio – Image Credit CBRE
Property Overview
The Best Western Suites, located off the Interstate 70 exit in Hilliard, Ohio, is now available for purchase. The property was constructed in 1996 and underwent renovations in 2018. The hotel is situated just outside Columbus and offers direct access to major transportation routes.
Hotel Features and Amenities
The hotel is a two-story building with 66 guest rooms. The room mix includes 42 king suites and 22 double queen suites. Each room is equipped with a microwave, refrigerator, coffee maker, flat screen television, complimentary Wi-Fi, and a work desk with an ergonomic chair.
Amenities available to guests include a fitness center, an indoor pool, a business center, and complimentary breakfast service.
Operational Performance
The property reported trailing twelve months (TTM) revenue per available room (RevPAR) of $72.50, a 4.1% increase over the previous year. The hotel received a score of 917 with a “good” designation in its most recent quality assurance assessment.
Franchise and Program Eligibility
The hotel qualifies for the Best Western “Auto Transfer” program, which can facilitate a change in ownership while maintaining the franchise affiliation.
Market Context
No new limited service hotel developments are currently planned for the western Columbus area near the interchange where the property is located. The lack of upcoming competition in the immediate vicinity may be relevant to potential buyers.
Location Details
The hotel is located in Hilliard, a suburban city west of Columbus in Central Ohio. The area is positioned near Interstate 270, providing connectivity to the greater Columbus region.
Inquire at CBRE.
