22400 Plymouth Rd | Detroit, MI 48239
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- LoopNet Team
22400 Plymouth Rd
Detroit, MI 48239
Park Drive Motel · Hospitality Property For Sale
·
9,774 SF
INVESTMENT HIGHLIGHTS
- 21-Room Exterior Corridor Hotel Is an Ideal Opportunity for an Owner-Operator, Complete With Onsite Living Quarters for Management and Oversight
- The Offering Presents the Potential to Enhance Operations, Modernize the Property, and Capitalize on Below-Market Rates to Drive Further Revenue
- Property Is Offered Fee Simple and Unencumbered by Any Management or Debt
- Offered at $900,000, The Property Presents a Compelling Entry Point for Investors Seeking Value-Add Potential
- Underperforming the Market – Offers Upside to Increase Room Revenue to Meet Market Standards
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built | 1952 |
| Building Class | C | Parking Ratio | 2.05/1,000 SF |
| Lot Size | 0.61 AC | Corridor | Exterior |
| Building Size | 9,774 SF | ||
| Zoning | B4 - General Business District | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.61 AC |
| Building Size | 9,774 SF |
| No. Stories | 1 |
| Year Built | 1952 |
| Parking Ratio | 2.05/1,000 SF |
| Corridor | Exterior |
| Zoning | B4 - General Business District |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $182,200 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$182,200
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