248-848-4089
525 N Canal Rd, Lansing, MI for Sale
Hospitality - FOR SALE
1/32
null | Request Cap Rate

525 N Canal Rd
Lansing, MI 48917
Delta Township


HIGHLIGHTS

  • New 20-Year Franchise Term Available: Choice Hotels is offering a new 20-year franchise term for their Comfort Inn brand to new ownership.

OVERVIEW

Comfort Inn by Choice Hotels Affiliation: Nationally recognized midscale brand offering free hot breakfast, free WiFi, business center, and modern guest rooms with pillowtop mattresses and flat screen TVs. $800,000+ in Capital Improvements Since 2016: Extensive renovations completed under current ownership including new mattresses, new carpeting, updated wallpaper, new interior and exterior paint, upgraded bathrooms, HVAC improvements, pool upgrades, and new property signage. Prime Lansing, MI Location Near Major Demand Drivers: Conveniently located just off Interstate 69, minutes from Capital Region International Airport, Lansing Mall, Michigan State University, Michigan State Capitol, Lansing Center, and Kellogg Center.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

104

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Comfort Inn Lansing

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1985

PARKING SPACES

125

LAND DETAILS

LAND ACRES

3.67 AC

LAND SF

159,865 SF

ZONING

C

APN/PARCEL ID

040-016-200-047-00

ASK ABOUT THIS PROPERTY

Steven SilvermanFriedman Real EstateMore Info
248-848-4089

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

Steven SilvermanFriedman Real EstateMore Info
248-848-4089

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