1091 E Us Highway 223 | Adrian, MI 49221
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- LoopNet Team
1091 E Us Highway 223
Adrian, MI 49221
Super 8 Adrian · Hospitality Property For Sale
·
23,675 SF
INVESTMENT HIGHLIGHTS
- An unusually high ADR for a Super 8 - $83.78
- Fixed cost are low with great margin before debt service $415,221
- Only branded economy hotel in Adrian
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 1994 |
| Building Class | C | Tenancy | Single |
| Lot Size | 2.16 AC | Parking Ratio | 2.83/1,000 SF |
| Building Size | 23,675 SF | Corridor | Interior |
| Zoning | HB - Highway Business | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.16 AC |
| Building Size | 23,675 SF |
| No. Stories | 2 |
| Year Built | 1994 |
| Tenancy | Single |
| Parking Ratio | 2.83/1,000 SF |
| Corridor | Interior |
| Zoning | HB - Highway Business |
AMENITIES
- Business Center
ABOUT 1091 E US HIGHWAY 223 , ADRIAN, MI 49221
Market Generators: Adrian College, Siena Heights University, Jackson College, Inteva Products, Inergy, Automotive Systems, Adrian Steel, and Bixby Medical Center. Entertainment activities include NASCAR racing at Michigan International Speedway, Irish Hills, and several lakes for recreation.
PROPERTY TAXES
| Parcel Number | MD0-115-2320-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $745,100 |
PROPERTY TAXES
Parcel Number
MD0-115-2320-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$745,100
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