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Former Embassy Suites - Detroit Southfield 28100 Franklin Rd 238 Room Hotel Southfield, MI 48034 For Sale



INVESTMENT HIGHLIGHTS
- Prime Location Visible From I-696 and The Lodge/Northwestern Hwy
- Larger Than Average Guestrooms
- On-Site Commercial Kitchen, Indoor Pool, Whirlpool, and Fitness Center Facilities
- All-suite Hotel with Separate Living and Sleeping Areas
- Configured as Full-service Hotel with Ample Back-of-house Space
- Potential Brownfield Michigan Business Tax Credit Available
EXECUTIVE SUMMARY
Introducing an exceptional investment opportunity at 28100 Franklin Road, Southfield, MI. This expansive 205,612 SF property, built in 1986, presents 239 units with the potential to reimagine and establish a premier Full-Service hotel within the market. Boasting high visibility from I-696 and The Lodge/Northwestern Hwy, the all-suite configuration offers separate living and sleeping areas, providing larger than average rooms. The property is tailored as a full-service hotel, featuring expansive back-of-house space and a commercial kitchen. With an indoor pool, whirlpool, and fitness center, this property offers the ideal foundation for a top-tier hospitality experience. With the opportunity to update all systems, rooms, and common areas at less than replacement cost, the potential for significant upside is unparalleled. Sale is a receiver directed sale.
Note that interior photos are not current but historic, from a time when the hotel was operating.
Note that interior photos are not current but historic, from a time when the hotel was operating.
PROPERTY FACTS
| Sale Type | Investment | No. Rooms | 238 |
| Sale Condition | Redevelopment Project | No. Stories | 9 |
| Property Type | Hospitality | Year Built/Renovated | 1986/2017 |
| Property Subtype | Hotel | Parking Ratio | 1.79/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 5.36 AC | Opportunity Zone |
Yes
|
| Building Size | 205,612 SF | ||
| Zoning | RC | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 5.36 AC |
| Building Size | 205,612 SF |
| No. Rooms | 238 |
| No. Stories | 9 |
| Year Built/Renovated | 1986/2017 |
| Parking Ratio | 1.79/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | RC |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- Shuttle Service
- On-Site Bar
- Meeting Event Space
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 238 | $244.00 | - |
1 1
PROPERTY TAXES
| Parcel Number | 24-17-151-005 | Improvements Assessment | $3,886,120 |
| Land Assessment | $777,490 | Total Assessment | $4,663,610 |
PROPERTY TAXES
Parcel Number
24-17-151-005
Land Assessment
$777,490
Improvements Assessment
$3,886,120
Total Assessment
$4,663,610
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Former Embassy Suites - Detroit Southfield | 28100 Franklin Rd
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