Eva's Motel 11920 Telegraph Rd 16 Room Hotel Carleton, MI 48117 $649,900 ($40,619/Room)



INVESTMENT HIGHLIGHTS
- 16 unit property on about 2.5 acres.
- Over 300 feet of frontage on Telegraph.
EXECUTIVE SUMMARY
Very well maintained 16 unit motel with business opportunity.
PROPERTY FACTS
Price | $649,900 |
Price Per Room | $40,619 |
Sale Type | Investment |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 3.10 AC |
Building Size | 4,038 SF |
No. Rooms | 16 |
No. Stories | 1 |
Year Built | 1950 |
Parking Ratio | 6.19/1,000 SF |
Corridor | Exterior |
Zoning | CM - Commercial |
ROOM MIX INFORMATION
DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
---|---|---|---|
Guest Room | 16 | $50.00 | - |
PROPERTY TAXES
Parcel Number | 01-023-005-00 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $116,000 |