9810 E Lansing Rd - Hospitality FOR SALE


Durand, MI 48429
$1,100,000 USD
313-312-5764
9810 E Lansing Rd, Durand, MI for Sale
$1,100,000 USD
Hospitality - FOR SALE
1/16
null | Request Cap Rate

9810 E Lansing Rd
Durand, MI 48429


HIGHLIGHTS

  • Single and Double Occupancy Rooms
  • Passive Residual Income Potential
  • Owner Occupied Income Producing Property

OVERVIEW

The Sunset Motel is a charming 10-room motel with an apartment and a large single-family home on the property. This is a wonderful opportunity to live onsite and generate residual income year-round. Whether you decide to run the motel operations yourself or hire a manager who could live in the apartment this real estate with business opportunity is truly unique! Regardless of if guests are traveling solo, with family, or with friends, they will find a comfortable and spacious accommodation that suits their needs. The motel rooms are equipped with modern amenities such as Wi-Fi, cable TV, mini-fridge and microwave. The apartment offers more privacy and space, with a fully furnished kitchen, living room and dining area. The Sunset Motel is conveniently located near the town center, where you can find shops, restaurants, and attractions. The Sunset Motel is the perfect place to relax and unwind in a rural setting.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$183 USD /SF

# OF ROOMS

11

PRICE/ROOM

$100,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sunset Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1953

PARKING SPACES

17

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

C-1

APN/PARCEL ID

012-15-200-011-01

ASK ABOUT THIS PROPERTY

Trevor BrooksKW CommercialMore Info
313-312-5764

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Trevor BrooksKW CommercialMore Info
313-312-5764

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