16866 Telegraph Rd - Hospitality FOR SALE


Detroit, MI 48219- Redford
$1,650,000 USD
248-226-1610
16866 Telegraph Rd, Detroit, MI for Sale
$1,650,000 USD
Hospitality - FOR SALE
1/7
null | Request Cap Rate

16866 Telegraph Rd
Detroit, MI 48219
Redford


OVERVIEW

25-Room Motel in Detroit | Turnkey asset with full 2024 remodel Prime Telegraph Rd. location with strong traffic 25 units on 0.71 acres, ideal for operators/investors Flexible value-add or owner-operator potential Close to highways, retail, and employment hubs Low entry cost in Detroit’s growing market Independent branding and operational freedom

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$132 USD /SF

# OF ROOMS

25

PRICE/ROOM

$66,000 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Telegraph Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1966

PARKING SPACES

44

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

R5

APN/PARCEL ID

22-122524

ASK ABOUT THIS PROPERTY

Simon JonnaJonna GroupMore Info
248-226-1610

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Simon JonnaJonna GroupMore Info
248-226-1610

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