Quality Inn & Suites Escanaba 2603 N Lincoln Rd 116 Room Hotel Escanaba, MI 49829 $6,500,000 ($56,034/Room)

The Quality Inn & Suites offers an investor the opportunity to purchase a high-income producing hotel located in the third-largest city in the Upper Peninsula of Michigan. Current ownership has made many upgrades and improvements to the facility. The new ownership PIP is expected to be minimal.
The Quality Inn & Suites is conveniently located on US Highway 2 E and US Highway 41 N. The city of Escanaba is the county seat of Delta County and generally considered to be the county’s center of government, commerce and employment. The immediate area is improved with a medical center, college, lodging facilities, food establishments, offices, retail, and residential neighborhoods.
The Quality Inn & Suites consists of 114 rooms and suites in a 4-story building built in 1984. The hotel is serviced by 2-elevators and features a large well-appointed lobby and guest registration area w/fireplace, breakfast area, lounge/bar, meeting/event space, business center, fitness center, guest laundry, vending/ice on each floor, commercial laundry, staff offices, exterior decking/patios and detached storage building. Guestroom amenities include 32” flat screen TV’s in all room on floors 1-3 and 40” flat screen TV’s in all rooms on the 4th floor. Each room has a telephone, clock/radio, microwave, mini-fridge, coffee maker, hairdryer, iron and ironing board. The property offers extensive asphalt paving, concrete curbs, and professional landscaping.