4848 Towne Centre Rd - Hospitality FOR SALE


Saginaw, MI 48604
$1,675,000 USD
231-941-1777
4848 Towne Centre Rd, Saginaw, MI for Sale
$1,675,000 USD
Hospitality - FOR SALE
1/4
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4848 Towne Centre Rd
Saginaw, MI 48604


HIGHLIGHTS

  • Located at a busy exit with many demand generators.
  • Great owner operator.
  • Extra land included.

OVERVIEW

60 room Super 8 franchise is great for an owner operator. Located at the busiest exit in Saginaw, MI at Tittabawassee and Bay Road with many demand generators. Hotel will benefit from new ownership/management as current owner has lost interest. The hotel will need to be updated with Super 8's current PIP. Can be purchased under 3 times revenue and sellers bank will consider financing.

FOR SALE DETAILS

PRICE

$1,675,000 USD

PRICE/SF

$79 USD /SF

# OF ROOMS

58

PRICE/ROOM

$28,879 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Super 8 by Wyndham Saginaw

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1985

PARKING SPACES

62

LAND DETAILS

LAND ACRES

4.04 AC

LAND SF

176,082 SF

ZONING

Commercial

APN/PARCEL ID

23124021003005

ASK ABOUT THIS PROPERTY

Gary SmithSmith Dean BurgettMore Info
231-941-1777

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Gary SmithSmith Dean BurgettMore Info
231-941-1777

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