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Best Western Executive Inn 5090 Beckley Rd 59 Room Hotel Battle Creek, MI 49015 $3,800,000 ($64,407/Room) 12.23% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Strong Revenue Performance: This hotel consistently achieves over $1.3 million in annual revenue, demonstrating reliable profitability with NOI margin
  • Minimal Renovation Investment: The property requires only minor updates, providing a cost-effective opportunity to enhance its appeal and increase its
  • Exceptional Location: Positioned at a highly visible corner with direct frontage on Route 94, the hotel benefits from proximity to major developments,

EXECUTIVE SUMMARY

The Best Western Executive Inn located in Battle Creek, Michigan, is a two-story, 59 room hotel that was built in 1983 and underwent a renovation in 2004 & 2022. Situated on 1.39 acres near Interstate 94 and Capital Ave SW, this well-positioned property provides easy access to local attractions and amenities. Noteworthy nearby demand generators include the Lakeview Square Mall, FireKeepers Casino, the New Ford Battery Plant, and Binder Park Zoo. The hotel offers a range of amenities including a Fitness Center, Business Center, Complimentary Breakfast, Indoor Heated Pool, and Laundry Facilities, ensuring a comfortable and convenient stay for guests.

DATA ROOM Click Here to Access

PROPERTY FACTS Under Contract

Price $3,800,000
Price Per Room $64,407
Sale Type Investment
Cap Rate 12.23%
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.39 AC
Building Size 29,354 SF
No. Rooms 59
No. Stories 2
Year Built/Renovated 1965/2022
Parking Ratio 2.28/1,000 SF
Corridor Interior
Zoning B2

AMENITIES

  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 2 $146.00 -
Guest Room 57 $122.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0086-00-900-0
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$978,000
  • Listing ID: 32908655

  • Date on Market: 8/21/2024

  • Last Updated:

  • Address: 5090 Beckley Rd, Battle Creek, MI 49015

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