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City Motel 111 W 12 Mile Rd 14 Room Hotel Royal Oak, MI 48073 $2,066,970 CAD ($147,641 CAD/Room)
Investment Highlights
- Demonstrated revenue consistency with strong historical occupancy and over $180,000 in annual income across multiple years.
- Highly visible location along 12 Mile Road within Royal Oak, a thriving suburb in the Detroit MSA.
- Positioned in a major regional corridor benefiting from robust traffic counts and connectivity to I-75 and surrounding metropolitan markets.
- Value-add potential through strategic operational improvements to enhance performance and profitability.
- Close proximity to healthcare facilities, employment concentrations, and entertainment centers that fuel transient and extended-stay lodging demand.
- Recently renovated in 2022, ensuring updated systems, refreshed aesthetics, and reduced deferred maintenance exposure.
Executive Summary
City Motel, located at 111 W 12 Mile Road in Royal Oak, Michigan, presents an attractive 14-unit hospitality investment offering stable income performance and upside potential. The asset, sitting on approximately 0.29 acres, provides excellent frontage along 12 Mile Road with strong traffic counts and exceptional exposure within a heavily traveled corridor. Originally constructed in 1962 and recently renovated in 2022, the property combines long-standing operational history with modern improvements.
The property currently generates annual rental income exceeding $180,000, reflecting proven revenue stability and predictable cash flow. New ownership has the opportunity to unlock additional value through operational enhancements, rate optimization, and improved expense strategies. Its position within a high-demand submarket, just minutes from Downtown Royal Oak and within the Detroit Metro Statistical Area, ensures consistent lodging demand driven by nearby employment centers, healthcare institutions, and entertainment destinations. With 19 convenient surface parking spaces and durable construction, this asset offers a straightforward footprint for investors seeking both immediate returns and long-term value creation.
The property currently generates annual rental income exceeding $180,000, reflecting proven revenue stability and predictable cash flow. New ownership has the opportunity to unlock additional value through operational enhancements, rate optimization, and improved expense strategies. Its position within a high-demand submarket, just minutes from Downtown Royal Oak and within the Detroit Metro Statistical Area, ensures consistent lodging demand driven by nearby employment centers, healthcare institutions, and entertainment destinations. With 19 convenient surface parking spaces and durable construction, this asset offers a straightforward footprint for investors seeking both immediate returns and long-term value creation.
Property Facts
| Price | $2,066,970 CAD | Building Size | 5,184 SF |
| Price Per Room | $147,641 CAD | No. Rooms | 14 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1962/2023 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | C | Parking Ratio | 4.05/1,000 SF |
| Lot Size | 0.29 AC | Corridor | Exterior |
| Zoning | BI - Neighborhood Business | ||
| Price | $2,066,970 CAD |
| Price Per Room | $147,641 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 5,184 SF |
| No. Rooms | 14 |
| No. Stories | 2 |
| Year Built/Renovated | 1962/2023 |
| Tenancy | Single |
| Parking Ratio | 4.05/1,000 SF |
| Corridor | Exterior |
| Zoning | BI - Neighborhood Business |
Amenities
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 14 | $78.54 CAD | - |
1 1
Moderately walkable
70/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 25-16-227-023 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $342,607 CAD |
Property Taxes
Parcel Number
25-16-227-023
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$342,607 CAD
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City Motel | 111 W 12 Mile Rd
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