This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
4960 Towne Centre Rd
Saginaw, MI 48604
Four Points by Sheraton Saginaw · Hospitality Property For Sale
·
96,487 SF
INVESTMENT HIGHLIGHTS
- Six-Story, 140-Room, Select-Service, Upscale Hotel with Fully Leased Restaurant and Bar Space
- Situated Near Multiple Key Demand Generators Including Saginaw Valley State University, DOW Event Center, and MBS International Airport
- Rental Income Includes NNN Lease from UNOs Pizzeria of Approximately $120,000/Year
- Strategic Location Just off Interstate 675 and Highway 84
- 82 Percent RevPAR Penetration Index Through 2021, Suggesting Upside Potential Through Revenue Management Strategies
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 6 |
| Property Subtype | Hotel | Year Built/Renovated | 1981/2005 |
| Building Class | B | Parking Ratio | 2.78/1,000 SF |
| Lot Size | 8.47 AC | Corridor | Interior |
| Building Size | 96,487 SF | ||
| Zoning | B-3 - Neighborhood Commercial Zoning | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 8.47 AC |
| Building Size | 96,487 SF |
| No. Stories | 6 |
| Year Built/Renovated | 1981/2005 |
| Parking Ratio | 2.78/1,000 SF |
| Corridor | Interior |
| Zoning | B-3 - Neighborhood Commercial Zoning |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
ABOUT 4960 TOWNE CENTRE RD , SAGINAW, MI 48604
The Four Points by Sheraton Saginaw is a 140-room, six-story Hotel stationed at 4960 Towne Center Road, just off Interstate 675 and Highway 84. This upscale Hotel is well equipped with many common areas and guest room amenities. The guest rooms include a mini-refrigerator, work desk and ergonomic chair, flat-screen television, and individual climate control. Some common area amenities include an indoor/outdoor pool and whirlpool, fitness center, business center, and four event/meeting rooms, totaling 3,842 square feet. The Property includes a fully leased restaurant and bar space, generating additional rental income.
PROPERTY TAXES
| Parcel Number | 23124021003000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $6,192,200 |
PROPERTY TAXES
