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Off Market
1/5

21350 W McNichols Rd
Detroit, MI 48219


HIGHLIGHTS

  • Land Contract Seller Financing -$150,000 Downpayment
  • Living Quarters
  • All Cash Business - fast return of initial investment !

OVERVIEW

The property is a 2 story masonry / block construction featuring 46 units with king beds, located near the intersection of two high traffic streets. The property also includes a vacant lot ready for development or expansion. Current owners have made several improvements over the last 10 years including replacing 30 PTAC Units, hot water tanks, a commercial 30lb. washer and dryer, carpets, copper plumbing, tiled showers, carpet and furniture. The property is a very busy "all cash" business offering guest the opportunity for short stays, daily and weekly rates. Living quarters are available to a new owner featuring a kitchen, dining room, bedroom, full bath and an extra large living space - dividable into a second bedroom.

FOR SALE DETAILS

PRICE

-

# OF ROOMS

-

CAP RATE

-

BUILDING DETAILS

PROPERTY NAME

Riviera Motel - $150,000 Downpayment !

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

13700

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1960

PARKING SPACES

31

LAND DETAILS

LAND ACRES

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LAND SF

-

ZONING

Commercial

APN/PARCEL ID

22-0135859