Renovated Motel in Popular Leisure Market

Michigan, United States

$850000

Sale conditions: Market

Snapshot

Active

Ownership: Fee Interest
Type: Motel
Sub Type: Limited Service
Chain / Market Scale: Independent
Brand: Independent
Corridor: Interior
No. of Keys: 26
Site Size: 1.93 AC

Located along heavily traveled US 23, the Au Gres Inn provides guests with a variety of room types, from singles to multi-room suites. The owner renovated the entire building, turning it into the turn-key, high-quality northern Michigan offering that it is today.

Attached to the back of the front desk is a three- bedroom apartment, which offers a buyer the opportunity for staff housing or additional rental income.

Also situated in the rear of the property is a meeting and banquet center which has proven very popular with the local community.

Highlights:

General Property Information


Property Name:
Property Type: Motel
Property Sub Type: Limited Service
Chain / Market Scale: Independent
Additional Property Type: Motel
Brand: Independent
Corridor: Interior
Keys: 26
Building Status: Existing
No. of buildings: 1
Stories: 2
Site size: 1.93 AC
Meeting Space: 3000 SF
Parking Type: Surface
Parking Spaces: 40
Construction Type: Wood Frame
Year Build: 1966
Year Renovated: 2013
Room Inventory Description:

02 - Full Size
11 - King
03 - Double Queen
03 - Three Bed suites
06 - Suites w- One Queen and One Full Size
01 - King Whirlpool room
26 Total

Common area amenities:

High Speed Internet

Breakfast Area

Source of Business:

Group

Transient

Corporate

Leisure

Additional Links:

Location


Country: United States
State: Michigan
Postal Code:
APN/Parcel ID:
Location Type:
Location Overview:

Brokers

Edward P Walsh, CHB

President and Designated Broker
Alpine Realty Capital, LLC


Justin Goodenow

Senior Associate, Director of Capital Markets
Alpine Realty Capital, LLC


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