Hotels /MI /Kent County /Grand Rapids /255 28th St SW
Hotels /MI /Kent County /Grand Rapids /255 28th St SW

255 28th St SW - Hospitality FOR SALE


Grand Rapids, MI 49548 | 
616-774-3500
255 28th St SW, Grand Rapids, MI for Sale
Hospitality - FOR SALE
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255 28th St SW
Grand Rapids, MI 49548

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HIGHLIGHTS

  • 75-Room Days Inn and 75-Room Baymont
  • 90–95% occupancy on average weekends
  • On-site banquet rooms, perfect for hosting birthday parties, reunions, business events

OVERVIEW

Priced for apartment conversion. This hotel is an excellent candidate for an affordable apartment conversion, with an estimated conversion cost of $30,000 per unit, totaling approximately $4.66 million.

FOR SALE DETAILS

PRICE

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# OF ROOMS

75

CAP RATE

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SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Baymont by Wyndham Grand Rapids Near Downtown

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

5

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1969

PARKING SPACES

219

LAND DETAILS

LAND ACRES

4 AC

LAND SF

174,240 SF

ZONING

B2

APN/PARCEL ID

41-17-12-452-006

ASK ABOUT THIS PROPERTY

Craig BlackColliersMore Info
616-774-3500

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Craig BlackColliersMore Info
616-774-3500

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