4970 Sunbury Rd
Exceptional investment opportunity to develop a 114 unit hotel - Staybridge Suites by IHG
Marketing description
Introducing an exceptional investment opportunity to develop a 114 unit Suite hotel - Staybridge Suites by IHG. Ideal location for an extended stay development, catering to the growing demand in the area. With the well designed layout and features, this property presents an ideal location for the development. Position your investment for success with the lucrative Staybridge brand, offering the potential to meet the needs of the thriving market in Columbus, OH.
The Land is located in Franklin County, in vibrant surroundings of Columbus, OH, situated near Easton Town Center, close to upscale shopping, dining, and entertainment. The area also offers proximity to Port Columbus International Airport, Experience the rich culture and attractions of downtown Columbus, including the dynamic Arena District, Franklin Park Conservatory, and Ohio State University. The property's strategic location and accessibility offers investors an exceptional opportunity.
Investment highlights
- Building pad and underground are in place with 90% of the first floor completed
- Elevator shafts & staircases are fully erected to the 5th floor
- 76 on site parking spaces with additional off site parking available
- Construction was halted in 2020 during the pandemic
- Includes plans & construction reports requiring resubmission
- Pay app receipts for work performed with balances from each sub contractor
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