Michigan, United States
Sale conditions: Market
| Ownership: | Fee Interest |
|---|---|
| Type: | Hotel |
| Sub Type: | Full Service |
| Chain / Market Scale: | Upper Upscale |
| Brand: | Holiday Inn |
|---|---|
| Corridor: | Interior |
| No. of Keys: | 148 |
| Site Size: | 3.95 AC |
The Holiday Inn Grand Rapids Airport was built in 2003 and most recently renovated in 2018. The Property features multiple room types and configurations, restaurant, lounge, fitness center, business center, and approximately 2,400 square feet of meeting space in two dedicated meeting rooms which can be divisible into a total of five spaces.
Ownership executed a 15-year franchise agreement with Intercontinental Hotels Group in May of 2025, subject to a Property Improvement Plan (PIP) that was to be completed by August 2027. The deadline for the PIP has been extended to December 2027, and the current owners have completed some items and are expected to complete others during the sale process. It is expected that a new owner would receive a 15-year franchise license subject to the same PIP, which is comprehensive and estimated to cost around $2.5 million.
| Property Name: | Login to view |
|---|
| Property Type: | Hotel |
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| Property Sub Type: | Full Service |
|---|
| Chain / Market Scale: | Upper Upscale |
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| Additional Property Type: | Hotel |
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| Brand: | Holiday Inn |
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| Corridor: | Interior |
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| Keys: | 148 |
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| Building Status: | Existing |
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| No. of buildings: | 1 |
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| Stories: | 3 |
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| Building size(SF): | 85134 |
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| Site size: | 3.95 AC |
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| Meeting Space: | 2400 SF |
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| Sprinklers: | Wet |
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| Parking Type: | Surface |
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| Parking Spaces: | 208 |
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| Construction Type: | Masonry |
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| Year Build: | 2003 |
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| Year Renovated: | 2018 |
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84 – Standard Single King
55 – Standard Double Queen
02 – One Bedroom Suite
06 – Handicap Accessible Std Room
01 – Handicap Accessible Suite
148 Total
High Speed Internet
Exercise Room
Indoor Pool
Lounge
Restaurant
Group
Transient
Corporate
Leisure
Commercial
| Country: | United States |
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| City: | Login to view |
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| State: | Michigan |
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| Postal Code: | Login to view |
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| APN/Parcel ID: | Login to view |
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| Location Type: | Login to view |
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President and Designated Broker
Alpine Realty Capital, LLC
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