Hotels /MI /Oakland County /Madison Heights /32511 Concord Dr
Hotels /MI /Oakland County /Madison Heights /32511 Concord Dr

32511 Concord Dr - Hospitality FOR SALE


Madison Heights, MI 48071 | 
$5,650,000 USD
734-516-7451
32511 Concord Dr, Madison Heights, MI for Sale
$5,650,000 USD
Hospitality - FOR SALE
1/11
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32511 Concord Dr
Madison Heights, MI 48071

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HIGHLIGHTS

  • Price Reduced by $300,000 - ($5.950,000 to $5,650,000) August 23, 2026
  • 2025 OCC - 80%
  • Red Roof Inn, PIP Renovation - 2022-2023

OVERVIEW

Madison Heights hotel demand is primarily driven by it's location within Oakland County "Automation Alley" with strong corporate, manufacturing and industrial business. The area contains 1,300 business's including firms like Henkel North American and various auto suppliers.

FOR SALE DETAILS

PRICE

$5,650,000 USD

PRICE/SF

$173 USD /SF

# OF ROOMS

108

PRICE/ROOM

$52,315 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Red Roof Inn Detroit - Royal Oak/ Madison

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1982

PARKING SPACES

110

LAND DETAILS

LAND ACRES

2.03 AC

LAND SF

88,491 SF

ZONING

B-3 GEN

APN/PARCEL ID

25-02-201-025

ASK ABOUT THIS PROPERTY

John GlasnakHotel Ventures InternationalMore Info
734-516-7451

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John GlasnakHotel Ventures InternationalMore Info
734-516-7451

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

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