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Best Western Of Hartland 10087 E Highland Rd 60 Room Hotel Hartland, MI 48353 $3,995,000 ($66,583/Room) 11.30% Cap Rate
Investment Highlights
- Eligible for Auto Transfer Program
- Located at 2 major highways (US-23 & M-59)
- Many Recent Improvements & Upgrades
Executive Summary
OnQ Commercial Real Estate, LLC is exclusively listing the Best Western in Hartland, Michigan. This property is a 60 room, branded hotel situated at the signalized intersection of Highland Road (M-59) and U.S. 23, providing excellent visibility and direct access within a primary commercial corridor of Livingston County. The property is eligible for Best Western’s Auto Transfer Program, allowing for a streamlined ownership transition and immediate continuation of brand affiliation.
Property Facts
| Price | $3,995,000 | Building Size | 6,552 SF |
| Price Per Room | $66,583 | No. Rooms | 60 |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 11.30% | Year Built | 1985 |
| Property Type | Hospitality | Tenancy | Single |
| Property Subtype | Hotel | Parking Ratio | 3.33/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 4.00 AC | ||
| Zoning | CG - GC - General Commercial | ||
| Price | $3,995,000 |
| Price Per Room | $66,583 |
| Sale Type | Investment |
| Cap Rate | 11.30% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 4.00 AC |
| Building Size | 6,552 SF |
| No. Rooms | 60 |
| No. Stories | 2 |
| Year Built | 1985 |
| Tenancy | Single |
| Parking Ratio | 3.33/1,000 SF |
| Corridor | Exterior |
| Zoning | CG - GC - General Commercial |
Amenities
- Pool
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 60 | $140.00 | - |
1 1
Property Taxes
| Parcel Number | 08-21-300-038 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,488,900 |
Property Taxes
Parcel Number
08-21-300-038
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,488,900
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Best Western Of Hartland | 10087 E Highland Rd
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