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- LoopNet Team
2222 Tittabawassee Rd
Saginaw, MI 48604
Quality Inn & Suites Saginaw · Hospitality Property For Sale
·
51,356 SF
INVESTMENT HIGHLIGHTS
- Major upside potential for new ownership to increase revenues and KPI’s through diligent operations as the property has not been managed properly.
- Strong 2022 Submarket recovery, 28.2 percent Occupancy growth, and 20.5 percent ADR growth
- Recently rebranded from Country Inn & Suites to Quality Inn & Suites Late 2021/Early 2022 allowing for exposure to a more prevelant group of travelers
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1990/2021 |
| Building Class | B | Parking Ratio | 2.36/1,000 SF |
| Lot Size | 2.94 AC | Corridor | Interior |
| Building Size | 51,356 SF | ||
| Zoning | B-3 - Neighborhood and Community Business | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.94 AC |
| Building Size | 51,356 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1990/2021 |
| Parking Ratio | 2.36/1,000 SF |
| Corridor | Interior |
| Zoning | B-3 - Neighborhood and Community Business |
AMENITIES
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
ABOUT 2222 TITTABAWASSEE RD , SAGINAW, MI 48604
The Quality Inn & Suites located in Saginaw, Michigan is a 104-room hotel built in 1990 and renovated in 2021. While sitting on 2.92 acres the hotel previously operated as a Country Inn & Suites, until it was rebranded in early 2022. Positioned off I-675, this property is 12 miles from MBS International Airport. There are several surrounding demand generators such as SVSU, Saginaw Children’s Zoo, Dow Event Center, and Twin Oaks Golf Course. 30,000+ Cars Passing Tittabawasse Road Per Day. 12th Largest County in Michigan - 189,783 Population. Poor management in prior years has created MAJOR upside potential for new ownership to increase topline revenues and efficiently manage expense ratios. Partially Completed PIP leaves only an estimated $250,000 for new ownership.
PROPERTY TAXES
| Parcel Number | 18134354011002 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,257,600 |
PROPERTY TAXES
