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- LoopNet Team
14774 Laplaisance Rd
Monroe, MI 48161
Baymont Inn & Suites Monroe · Hospitality Property For Sale
·
62 Rooms
PROPERTY FACTS
| Property Type | Hospitality | No. Rooms | 62 |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | C | Year Built | 1997 |
| Lot Size | 2.17 AC | Parking Ratio | 1.84/1,000 SF |
| Building Size | 40,258 SF | Corridor | Interior |
| Zoning | N/Av, Michigan | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.17 AC |
| Building Size | 40,258 SF |
| No. Rooms | 62 |
| No. Stories | 2 |
| Year Built | 1997 |
| Parking Ratio | 1.84/1,000 SF |
| Corridor | Interior |
| Zoning | N/Av, Michigan |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Meeting Event Space
ABOUT 14774 LAPLAISANCE RD , MONROE, MI 48161
• Unencumbered by debt and management, allowing a new operator to implement aggressive sales, marketing and revenue management techniques. Effective Management Strategies offer value-Add Opportunity • The Hotel is a 62-room, Interior Corridor, Two-Story Hotel with Indoor Pool and Spa • Great location in Michigan off of Interstate 75 • Drastic top line upside remains for the hotel, which is currently achieving index penetrations of 92.4% in Occupancy, 79% in ADR and 73.7% in RevPAR. • No Overabundance of Proximate Competition • Manageable Property Improvement Plan (PIP) Expected for a New Owner
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 7 | $114.00 | - |
| Guest Room | 55 | $71.00 | - |
PROPERTY TAXES
| Parcel Number | 12-010-228-15 | Improvements Assessment | $999,150 |
| Land Assessment | $72,850 | Total Assessment | $1,072,000 |
PROPERTY TAXES
