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29583665
29583666

2015 Military Rd, Columbus, MS 39701

SN
CA CA 01717362
Hotel Brokers Of America
RR
GA 365267
Numarix
Listed by Hotel Brokers Of America, Numarix
$2,500,000
119 days on market
Updated 37 days ago

Econo Lodge Columbus, MS

Details
APN 56W14-01-01301
Property Type Hospitality
Sub Type Hotel
Square Footage 21,811
Keys 60
Cap Rate 10.92%
NOI $316,695
Occupancy 55.46%
Price per SqFt $115
Broker Co-Op Yes
Year Built 1992
Buildings 1
Stories 2
Lot Size (SqFt) 67,333

Hospitality | 60 Keys | $48,333/key

Marketing description

HIGHLIGHTS AND LOCATION

Hotel Brokers of America is pleased to present the Econo Lodge – Columbus, Mississippi, a 60-room economy-branded hotel strategically positioned along Military Road (US-45) with direct access to Highway 82, placing the asset at the center of the Golden Triangle—one of Mississippi’s most stable and diversified economic regions. The hotel benefits from immediate proximity to Columbus Air Force Base, regional manufacturing and aerospace employers, and strong drive-to highway traffic, providing durable year-round lodging demand.


PROPERTY OVERVIEW:

  • Economy Brand Affiliation with Choice Hotels reservation system

  • The Hotel comes with a 3 bedroom and 2 bath Owners Apartment for easy day-to-day management.

  • Conversion Opportunity to Super 8 by Wyndham (with Key Money)

  • Diverse, Non-Cyclical Demand Base (military, aerospace, healthcare, highway)

  • Heavily Cash flowing Asset

  • Owner-Operator Friendly Asset with operational flexibility

  • Upside Through Expense Controls, Rate Management, and Local Sales Efforts

  • Attractive Basis vs. Replacement Cost in a stable regional market

  • The hotel’s financial performance demonstrates consistent top-line revenue, stabilized occupancy, and High Profits, offering an attractive Price Per Key for continued Profitability with additional upside through hands-on management and Revenue Management.

    DEMAND GENERATORS:

    • Columbus Air Force Base (CAF B) – Major military installation supporting training operations, contractors, visiting personnel, and government travel

    • Airbus Helicopters – Major aerospace manufacturing facility drawing engineers, vendors, and international visitors

    • Steel Dynamics & Manufacturing Employers – Ongoing industrial and logistics-related demand

    • Baptist Memorial Hospital – Golden Triangle – Regional healthcare hub

    • Mississippi University for Women (MUW) – Academic, administrative, and event-driven demand

    • Golden Triangle Regional Airport (GTR) – Commercial air service supporting business travel

Investment highlights

Listing Contacts

SN
CA CA 01717362
Hotel Brokers Of America
RR
GA 365267
Numarix
Listed by Hotel Brokers Of America, Numarix

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$316,695.00
$26,391.25/mo

Valuation Metrics

0
DSCR
12.67%
Cap Rate
12.67%
ROI

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