Baymont by Wyndham Grand Rapids Near Downtown 255 28th St SW 75 Room Hotel Grand Rapids, MI 49548 $4,500,000 ($60,000/Room)



EXECUTIVE SUMMARY
On-site banquet rooms, perfect for hosting birthday parties, reunions, business events.
PROPERTY FACTS
Price | $4,500,000 |
Price Per Room | $60,000 |
Sale Type | Investment |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 4.00 AC |
Building Size | 48,804 SF |
No. Rooms | 75 |
No. Stories | 5 |
Year Built/Renovated | 1969/2010 |
Parking Ratio | 4.49/1,000 SF |
Corridor | Interior |
Zoning | B2 - Wide range of specialized commercial uses including highway oriented service and commercial types of establishments to serve the needs of motorists |
AMENITIES
- Balcony
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
ROOM MIX INFORMATION
DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
---|---|---|---|
Suite | 2 | $87.00 | - |
Guest Room | 73 | $74.00 | - |
PROPERTY TAXES
Parcel Number | 41-17-12-452-006 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $1,289,500 |