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Browse More Listings in Hotel & Motel For Sale, Albion, MI or Michigan

Hotel / Motel For Sale

Albion Inn Hotel

27644 C Drive North, Albion, MI 49224

Price:
$1,550,000
No. Rooms:
102
Building Size:
40,000 SF
Price/Room:
$15,196.08
Property Type:
Hotel & Motel
Property Sub-type:
Full Service
Property Use Type:
Investment
Average Daily Rate:
$45
No. Stories:
2
Corridor:
Yes
Lot Size:
8 AC
Find Out More...

Last Verified 11/12/2009 Listing ID 16439842

Description

Newly Renovated - 63 rooms, indoor pool, corridors, lobby, bar, meeting room, fitness room and a new roof. Exterior New Drivet and paint summer of 2008. WIFI entire building, 16 camera Security system.
550k over 9 months in 2008 with similar numbers in 2009.
Available franchise: Days's Inn, Howard Johnson, Econolodge and Econolodge Inn and Suites with very minimum PIP.
LAND CONTRACT Available with 375K down - 7.75% over 25 year am with a 3 year baloon.

I94 exit 121 - Albion. Minutes from Albion Collage, Fire Keepers CASINO,
Jackson, Marshal, Michigan International Speedway. One hour from Detroit metro Airport.
albioninnhotel.com

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Gurv Singh (734) 834-2621

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Created 10/20/2009

Additional Information for 27644 C Drive N, Albion, MI 49224

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 1 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Hotel & Motel Property For Sale - Albion Inn Hotel

27644 C Drive North, Albion, MI, 49224