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Baymont Inn & Suites Bridgeport Frankenmuth 6460 Dixie Hwy 100 Room Hotel Bridgeport, MI 48722 $5,750,000 ($57,500/Room)
EXECUTIVE SUMMARY
Baymont by Wyndham Bridgeport/Frankenmuth, indoor swimming pool, 3 story building 100 rooms, wheelchair access rooms. This is on the exit Hwy 75. one hour north of City of Detroit and 15 minutes 7.6 miles from Frankenmuth, Michigan, is a popular tourist destination. Gross income just over 1.6 Million annually
All interested parties should submit a non-binding Letter of Intent (LOI) to My Realty, together with:
Purchase price, due diligence period, deposit amount, closing, and other terms of the transaction;
Estimated PIP costs and timing;
Transaction experience of purchaser with similar-sized assets;
Confirmation that the principal decision-makers or investment committee have reviewed and approved the submitted offer; and,
Confirmation of the availability of the required equity funds.
Initial offers are to be submitted to the attention of Joe Manuel joe.manuel@myrealtyselect.com 248 207 6307
All interested parties should submit a non-binding Letter of Intent (LOI) to My Realty, together with:
Purchase price, due diligence period, deposit amount, closing, and other terms of the transaction;
Estimated PIP costs and timing;
Transaction experience of purchaser with similar-sized assets;
Confirmation that the principal decision-makers or investment committee have reviewed and approved the submitted offer; and,
Confirmation of the availability of the required equity funds.
Initial offers are to be submitted to the attention of Joe Manuel joe.manuel@myrealtyselect.com 248 207 6307
PROPERTY FACTS
| Price | $5,750,000 | Lot Size | 2.00 AC |
| Price Per Room | $57,500 | Building Size | 10,000 SF |
| Sale Type | Investment | No. Rooms | 100 |
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1997/2017 |
| Building Class | C | Corridor | Interior |
| Zoning | CM | ||
| Price | $5,750,000 |
| Price Per Room | $57,500 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.00 AC |
| Building Size | 10,000 SF |
| No. Rooms | 100 |
| No. Stories | 3 |
| Year Built/Renovated | 1997/2017 |
| Corridor | Interior |
| Zoning | CM |
AMENITIES
- Business Center
- Fitness Center
- Pool
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 2 | $121.00 | - |
| Guest Room | 98 | $71.00 | - |
1 1
PROPERTY TAXES
| Parcel Number | 09115222006001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,065,600 |
PROPERTY TAXES
Parcel Number
09115222006001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,065,600
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Baymont Inn & Suites Bridgeport Frankenmuth | 6460 Dixie Hwy
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