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

4930 St Mary's Ln
Saginaw, MI 48604
Apple Tree Inn · Hospitality Property For Sale · 88 Rooms

Investment Highlights

  • Well located on 3.5 acres right off I-675, exit #6. Saginaw's best exit!
  • Recent renovation. Offers guests excellent value. Good TripAvisor scores and comments.

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 3.36 AC
Building Size 35,104 SF
No. Rooms 88
No. Stories 1
Year Built/Renovated 1985/2019
Parking Ratio 4.02/1,000 SF
Corridor Exterior
Zoning B-3A - Motel

Amenities

  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi

About 4930 ST MARY'S LN , SAGINAW, MI 48604

The Apple Tree Inn (former Knights Inn) features 40 open guestrooms including jacuzzi suites, outdoor swimming pool, and guest laundry situated in two single-story exterior-corridor buidings. The property includes an adjacent 48 room building that is closed but could be re-opened with minimal investment and is in rentable condition or could be demolished as it is part of the adjacent development parcel included in the sale. There is approximately 3.5 total acres of prime land located at the I-675 and Tittabawassee Road exit, the busiest exit in Saginaw. The seller has had discussions with Best Western Plus to build on this adjacent parcel. Additionally, Courtyard by Marriott and Hilton Garden Inn not represented in the market.

Property Taxes

Property Taxes

Parcel Number
23-12-4-02-1002-004
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$434,900
  • Listing ID: 19858584

  • Date on Market: 6/10/2020

  • Last Updated:

  • Address: 4930 St Mary's Ln, Saginaw, MI 48604

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