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.
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