21700 West Rd - Hospitality FOR SALE


Woodhaven, MI 48183
$5,000,000 USD
260-615-9248
21700 West Rd, Woodhaven, MI for Sale
$5,000,000 USD
Hospitality - FOR SALE
1/28
null | Request Cap Rate

21700 West Rd
Woodhaven, MI 48183


HIGHLIGHTS

  • Strategic Location with Diverse Demand Drivers
  • Value-Add Opportunity Through Operational Optimization
  • Recent Capital Improvements Reduce Near-Term CapEx

OVERVIEW

The Best Western Woodhaven Inn is a well-located hotel positioned along the I-75 corridor in the Downriver Detroit submarket, benefiting from proximity to Detroit Metropolitan Wayne County Airport (DTW) and major regional employers. The property offers a stable operating history supported by consistent corporate and transient demand, along with multiple recent capital improvements. The asset presents a value-add opportunity to enhance profitability through operational efficiencies, including potential repositioning of certain operations and alignment of staffing with industry standards. With a strong location and established demand base, the property is well positioned for improved margins under new ownership.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$64 USD /SF

# OF ROOMS

123

PRICE/ROOM

$40,650 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best Western Woodhaven Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1965

PARKING SPACES

194

LAND DETAILS

LAND ACRES

5.99 AC

LAND SF

260,924 SF

ZONING

B-3

APN/PARCEL ID

59-041-99-0006-705

ASK ABOUT THIS PROPERTY

Lane MoserEllsbury Commercial GroupMore Info
260-615-9248

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Lane MoserEllsbury Commercial GroupMore Info
260-615-9248

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