This Hospitality Property is no longer advertised on LoopNet.com.

26250 American Dr
Southfield, MI 48034
ESA I-696 Southfield Detroit MI · Hospitality Property For Sale · 52,827 SF

Investment Highlights

  • Fee-simple interest in the corporate-owned and corporate-managed 122-room Extended Stay America (ESA) Southfield – I-696.
  • Ability to purchase any combination of the 20 assets, affording buyers the opportunity to capitalize on strong regional operating economies of scale.
  • Offered unencumbered of brand, debt, and management - with a variety of alternative brand options available for conversion.
  • Tours Available July 13. Available for individual sale as part of a larger 20-property portfolio in the July 26th and July 27th auction events.
  • Strong in-place performance with trailing-24-month year-over-year average ADR gains of +22%.
  • Product type with fully equipped kitchens is ideal for potential residential conversion or alternative use pending zoning and municipality approval.

Property Facts

Sale Condition Auction Sale
Type of Ownership Fee Simple
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.71 AC
Building Size 52,827 SF
No. Stories 3
Year Built/Renovated 2002/2025
Tenancy Single
Parking Ratio 3.21/1,000 SF
Corridor Interior
Zoning RC
Parcel Number 24-18-476-010

Amenities

  • Business Center
  • Fitness Center
  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen
  • Listing ID: 28675987

  • Date on Market: 6/6/2023

  • Last Updated:

  • Address: 26250 American Dr, Southfield, MI 48034

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