312-339-3698
32420 Stephenson Hwy, Madison Heights, MI for Sale
Hospitality - FOR SALE
1/26
null | Request Cap Rate

32420 Stephenson Hwy
Madison Heights, MI 48071


HIGHLIGHTS

  • Fee simple interest in the 123-room Hampton Inn Detroit Madison Heights.
  • The asset will be available for purchase in the May 7th auction event via Ten-X.
  • Offered as part of a five-property portfolio, with all properties being sold individually.
  • Property offered unencumbered by management and debt and at a significant discount to replacement cost.
  • Strong operational upside in transitioning the asset out of institutional ownership and third-party management.
  • Adjacent to Interstate 75, upwards of 151,000 vehicles pass the location daily, making this one of the most heavily trafficked corridors in the state.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

123

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hampton Inn Detroit/Madison Heights/South

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1987

PARKING SPACES

115

LAND DETAILS

LAND ACRES

3.53 AC

LAND SF

153,767 SF

ZONING

BI

APN/PARCEL ID

25-02-176-028

ASK ABOUT THIS PROPERTY

Bennett WebsterAlchemy Real Estate Advisors, LLCMore Info
312-339-3698

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Bennett WebsterAlchemy Real Estate Advisors, LLCMore Info
312-339-3698

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.