Commercial Real Estate /MI /Wayne County /Detroit /12510 E 8 Mile Rd

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Commercial Real Estate /MI /Wayne County /Detroit /12510 E 8 Mile Rd

12510 E 8 Mile Rd - Hospitality FOR SALE

Detroit, MI 48205 |

Off Market

1/4

12510 E 8 Mile Rd
Detroit, MI 48205

HIGHLIGHTS

Updated Bathrooms
New Electrical System
Heating converted from boiler to PTAC Units

OVERVIEW

Independent Motel Renovations of $558,000 expensed to upgrade the property Net Profit Before Debt Service - $358,246 ! Cap Rate: 21.07%

FOR SALE DETAILS

PRICE

-

# OF ROOMS

-

CAP RATE

-

BUILDING DETAILS

PROPERTY NAME

M N M Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

12558

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1962

PARKING SPACES

21

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

B4

APN/PARCEL ID

21-02837-587