6285 Westside Saginaw Rd - Hospitality FOR SALE


Bay City, MI 48706
$1,650,000 USD
231-941-1777
6285 Westside Saginaw Rd, Bay City, MI for Sale
$1,650,000 USD
Hospitality - FOR SALE
1/13
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6285 Westside Saginaw Rd
Bay City, MI 48706


HIGHLIGHTS

  • Deep Price Reduction!
  • Major Franchise Affiliation
  • Highway Location off I-75

OVERVIEW

The Baymont is conveniently located just off I-75 at exit #160. The Bay City Downtown Business District and Riverfront, as well as many other demand generators are within a few miles. Saginaw is only 5 minutes in the opposite direction and offers and abundance of retail shopping and dining. The hotel’s location provides easy access to many area attractions and area businesses like: Saginaw Valley State University, Wilderness Trails Zoo, Bay County Civic Arena, State Theatre, Bay Valley Resort and other golf courses, and MBS International Airport. Dining options are nearby the hotel as well as retail shopping and other attractions and recreational activities. The hotel is in good condition having undergone renovations for the conversion to Baymont in 2023. The hotel did not go on-line with Baymont until March 31, 2023 and signage did not appear until May 2023. Projected revenue for this full year as a Baymont is expected to be $650,000. The TTM thru February was $550K. The hotel offers a great opportunity of owner/operator with living quarters located on-site. 63 rooms with meeting room, guest laundry and truck parking. Two-story hotel with interior corridors. All hotel rooms offer high-speed wireless Internet access, as well as a microwave oven and coffee maker.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$87 USD /SF

# OF ROOMS

71

PRICE/ROOM

$23,239 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Baymont by Wyndham Bay City

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1966

PARKING SPACES

94

LAND DETAILS

LAND ACRES

5.5 AC

LAND SF

239,580 SF

ZONING

C

APN/PARCEL ID

09-030-001-300-030-01

ASK ABOUT THIS PROPERTY

Meril DeanSmith Dean BurgettMore Info
231-941-1777

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Meril DeanSmith Dean BurgettMore Info
231-941-1777

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