23-Room Motel on Woodward Avenue – Investment Opportunity Fully operating 23-room motel located on Woodward Avenue with 160 feet of frontage and high visibility near Bloomfield Hills. Sits on a half-acre lot in a strong commercial area. The property has an Actual NOI of $168,000 and an 11.35% cap rate at the list price. Rooms can be rented daily, weekly, or monthly, creating steady income and growth potential. Recent updates include a newer roof, new water heaters, new HVAC systems, updated electrical, and remodeled, fully furnished rooms. Large parking lot on site. Land Contract available with $800,000 down.