3888 Mimosa Dr | Columbus, IN 47201
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- LoopNet Team
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 | Building Size | 48,780 SF |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1998/2013 |
| Building Class | B | Parking Ratio | 1.93/1,000 SF |
| Lot Size | 4.50 AC | Corridor | Interior |
| 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
| Parcel Number | 03-95-27-220-000.201-005 | Improvements Assessment | $3,935,954 |
| Land Assessment | $1,872,347 | Total Assessment | $5,808,301 |
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 |
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