22400 Plymouth Rd - Hospitality FOR SALE
Detroit, MI 48239 |
22400 Plymouth Rd
Detroit, MI 48239
HIGHLIGHTS
- 21-Room Exterior Corridor Hotel Is an Ideal Opportunity for an Owner-Operator, Complete With Onsite Living Quarters for Management and Oversight
- Offered at $900,000, The Property Presents a Compelling Entry Point for Investors Seeking Value-Add Potential
- The Offering Presents the Potential to Enhance Operations, Modernize the Property, and Capitalize on Below-Market Rates to Drive Further Revenue
- Underperforming the Market – Offers Upside to Increase Room Revenue to Meet Market Standards
- Property Is Offered Fee Simple and Unencumbered by Any Management or Debt
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Park Drive Motel
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
9774
STORIES
1
ROOM ENTRANCE
Exterior
BUILDING CLASS
C
YEAR BUILT
1952
PARKING SPACES
20
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
B4
APN/PARCEL ID
22-0055724,22-005575
