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This Hospitality Property is no longer advertised on LoopNet.ca.

3888 Mimosa Dr
Columbus, IN 47201

Country Inn & Suites by Radisson, Columbus · Hospitality Property For Sale · 48,780 SF

Investment Highlights

  • Fee simple interest in the 90-room Courtyard Columbus Tipton Lakes, Indiana, offered for purchase through a receiver sale.
  • Offered unencumbered of brand, debt, and management and at a significant discount to replacement cost.
  • Asset will be available in the August 14th auction event via Ten-X.
  • Strong operational upside in purchasing the property out of receivership, completing the PIP, and repositioning the asset under alternative branding.

PROPERTY FACTS

Sale Conditions Auction Sale
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 4.50 AC
Building Size 48,780 SF
No. Stories 3
Year Built/Renovated 1998/2013
Parking Ratio 1.93/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-95-27-220-000.201-005
Land Assessment
$1,872,347
Improvements Assessment
$3,935,954
Total Assessment
$5,808,301

zoning

Zoning Code L32
L32
  • Listing ID: 32212013

  • Date on Market: 2024-06-21

  • Last Updated:

  • Address: 3888 Mimosa Dr, Columbus, IN 47201

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