4495 28th St SE - Hospitality FOR SALE


Grand Rapids, MI 49512- Outer Kentwood/Wyoming
$6,700,000 USD
805-557-8867
4495 28th St SE, Grand Rapids, MI for Sale
$6,700,000 USD
Hospitality - FOR SALE
1/7
null | Request Cap Rate

4495 28th St SE
Grand Rapids, MI 49512
Outer Kentwood/Wyoming


HIGHLIGHTS

  • 126 units, three-story, interior corridor
  • Recently renovated
  • Priced to sell at $53,175/key
  • 2024 comp set RevPAR: $52.10
  • Well located with convenient access to the Gerald R. Ford International Airport

OVERVIEW

The Bowman Post Group of NewGen Advisory is pleased to present for sale the 126-room Wyndham Garden Grand Rapids, strategically located at the Grand Rapids, Michigan Airport. This three-story, interior corridor, brick building, built in 1988, offers an upper-midscale Wyndham brand presence on nearly 3.00 acres. The property boasts an indoor pool, meeting space, and a restaurant and bar, providing a strong foundation for continued success in a thriving market

FOR SALE DETAILS

PRICE

$6,700,000 USD

PRICE/SF

$75 USD /SF

# OF ROOMS

126

PRICE/ROOM

$53,175 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wyndham Garden Hotel Grand Rapids Airport

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1988

PARKING SPACES

118

LAND DETAILS

LAND ACRES

2.76 AC

LAND SF

120,226 SF

ZONING

C2

APN/PARCEL ID

41-18-12-451-015

ASK ABOUT THIS PROPERTY

Mac BleierNewGen AdvisoryMore Info
805-557-8867

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

Mac BleierNewGen AdvisoryMore Info
805-557-8867

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