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Baymont by Wyndham Grand Rapids Near Downtown 255 28th St SW 75 Room Hotel Grand Rapids, MI 49548 $5,500,000 ($73,333/Room)
Investment Highlights
- Heavy traffic location near US-131 and 28th Street
- Possible conversion to multi-family
- Opportunity to increase revenue
Executive Summary
-Dual Flagged hotel in Grand Rapids one of Michigan's largest cities
-Opportunity to increase revenue through weekly and extended stays
-Great hands on operator for family or partners
-Near Downtown
-Opportunity to increase revenue through weekly and extended stays
-Great hands on operator for family or partners
-Near Downtown
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
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 | $110.00 | - |
| Guest Room | 73 | $95.00 | - |
Property Taxes
| Parcel Number | 41-17-12-452-006 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,326,400 |
Property Taxes
Parcel Number
41-17-12-452-006
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,326,400
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
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Baymont by Wyndham Grand Rapids Near Downtown | 255 28th St SW
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