20 Nov The Pulse CBUS: Two Crosswoods area hotels sell for 14.8mm total

A weekly update on the commercial real estate landscape of Columbus.

Commercial Sales Recorded Last Week

7300 Huntington Park Dr, Columbus, OH 43235

Type: Hospitality
Price: $8,850,000 ($85,096 / Unit)
Buyer: COLUMBUS NORTH APARTMENTS LLC
Elifin’s Notes: In one of two similar transactions, the common buyer purchased the Surface Inn Worthington Hotel in the Crosswoods area

7272 Huntington Park Dr, Columbus, OH 43235

Type: Hospitality
Price: $5,950,000 ($63,298 / Unit)
Buyer: COLUMBUS NORTH APARTMENTS LLC
Elifin’s Notes: In one of two similar transactions, the common buyer purchased the Mainstay Suites in the Crosswoods area

6601 Reflections Dr, Columbus, OH 43017

Type: Hospitality
Price: $4,045,310 ($56,185 / Unit)
Buyer: KRT HOTELS LLC
Elifin’s Notes: An Extended Stay America Hotel property, one of two this past week, changes hands near the Don Scott Airport

2200 Lake Club Dr, Columbus, OH 43068

Type: Hospitality
Price: $3,535,256 ($49,101 / Unit)
Buyer: ART HOTELS LLC
Elifin’s Notes: An Extended Stay America Hotel property, one of two this past week, changes hands in the Crosswoods area

3705 Parkway Lane, Hilliard, OH 43026

Type: Industrial
Price: $2,400,000 ($122.01 / SF)
Buyer: RED PARKWAY LLC
Elifin’s Notes: An industrial property with both office and warehouse space sells in the Hilliard area

489 Lancaster Ave, Columbus, OH 43068

Type: Retail
Price: $2,000,000 ($209.40 / SF)
Buyer: 489 LANCASTER LLC
Elifin’s Notes: A multi-occupant retail property, including gas station improvements, sells in Reynoldsburg

4818 Reed Rd, Columbus, OH 43220

Type: Retail
Price: $1,330,000 ($275.65 / SF)
Buyer: TITUS 15 LLC
Elifin’s Notes: A retail property, formerly an auto service shop, sells in the Knolls West area

1005 Third Ave, Columbus, OH 43212

Type: Mixed-Use
Price: $955,000 ($102.87 / SF)
Buyer: MTZ 3RD LLC
Elifin’s Notes: A mixed use property with a retail and office unit sells in the Fifth by Northwest area

533 S Third St, Columbus, OH 43215

Type: Office
Price: $700,000
Buyer: 533 SOUTH THIRD LLC
Elifin’s Notes: An office, converted from a dwelling, changes hands in the German Village area

405 S Central Ave, Columbus, OH 43223

Type: Retail
Price: $350,000 ($97.22 / SF)
Buyer: PORRAS ANGEL
Elifin’s Notes: An individual investor purchases a retail property across two parcels in the Franklinton area

5339 W Broad St, Columbus, OH 43228

Type: Mixed-Use
Price: $320,000 ($111.11 / SF)
Buyer: PRIME LUXURY LLC
Elifin’s Notes: A mixed-use property with three first floor commercial units and two second floor residential apartments sells in the New Rome area

2139 Fishinger Rd, Columbus, OH 43221

Type: Retail
Price: $150,000 ($94.04 / SF)
Buyer: TOM LARASON AUTOCARE LLC
Elifin’s Notes: An auto care service property sells in the Upper Arlington area

Sale records included based on the following parameters: Building and commercial land sales with a sales price that is either withheld or greater than or equal to $100,000. Multifamily sales greater than or equal to 5 units. Sale must be an arm’s length transaction (between unrelated parties). Best efforts are made to provide complete and reliable information, but accuracy is not guaranteed and the reader bears the responsibility to verify the accuracy of such information prior to forwarding it, utilizing it, or relying on it in any way.