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Interlochen Motel 2275 M 137 14 Room Hotel Interlochen, MI 49643 $1,199,000 ($85,643/Room)
Investment Highlights
- Appointment is required.
Executive Summary
Prime Location Motel for Sale - Turnkey Business Opportunity! Ideally situated near the Interlochen Center for the Arts Campus andbeautiful, Green & Duck Lakes. The motel features (7) single rooms, (5) double rooms and (2) deluxe rooms. The property also hasowner/innkeeper quarters (2 bedroom, 1.5 bath) and a 30'x36' pole bldg. The property has been well maintained and updated regularlywith an extensive updates list. This is a successful owner-operated business for the past 20 years with a strong reputation forcleanliness. This opportunity is ideal for owner-operators who are seeking an up north lifestyle. The business has a strong financialhistory with opportunity for growth.
Property Facts
| Price | $1,199,000 | Building Size | 6,132 SF |
| Price Per Room | $85,643 | No. Rooms | 14 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1958 |
| Property Subtype | Hotel | Parking Ratio | 2.12/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 1.67 AC | ||
| Zoning | Commercial - Commercial use | ||
| Price | $1,199,000 |
| Price Per Room | $85,643 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.67 AC |
| Building Size | 6,132 SF |
| No. Rooms | 14 |
| No. Stories | 1 |
| Year Built | 1958 |
| Parking Ratio | 2.12/1,000 SF |
| Corridor | Exterior |
| Zoning | Commercial - Commercial use |
Amenities
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $145.00 | - |
| Guest Room | 12 | $107.00 | - |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 07-180-005-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $285,400 |
Property Taxes
Parcel Number
07-180-005-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$285,400
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Interlochen Motel | 2275 M 137
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