Log In/Sign Up
Your email has been sent.
Red Roof Inn Detroit - Royal Oak/ Madison 32511 Concord Dr 108 Room Hotel Madison Heights, MI 48071 $8,459,900 CAD ($78,332 CAD/Room)
Investment Highlights
- 2025 Occupancy 80.09%
- Renovated to Red Roof inn Standards 2022 - 2023
- 2024 Occupancy 84.98%
Executive Summary
Madison Heights hotel demand is driven by its location within Oakland County's "Automation Alley" with strong corporate, manufacturing, and industrial business from the area's 1,300 businesses including firms like Henkel North America and various auto suppliers. The proximity to I-75 Expressway and 14 mile rd. provides access to medical centers, shopping malls, area attractions and the surrounding suburbs.
Property Facts
| Price | $8,459,900 CAD | Building Size | 32,640 SF |
| Price Per Room | $78,332 CAD | No. Rooms | 108 |
| Sale Type | Investment | No. Stories | 2 |
| Sale Condition | Business Value Included | Year Built/Renovated | 1982/2023 |
| Property Type | Hospitality | Parking Ratio | 3.37/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 2.03 AC | ||
| Zoning | B-3 GEN | ||
| Price | $8,459,900 CAD |
| Price Per Room | $78,332 CAD |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.03 AC |
| Building Size | 32,640 SF |
| No. Rooms | 108 |
| No. Stories | 2 |
| Year Built/Renovated | 1982/2023 |
| Parking Ratio | 3.37/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
| Zoning | B-3 GEN |
Amenities
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
About 32511 CONCORD DR , MADISON HEIGHTS, MI 48071
Rare opportunity to purchase a motel with high occupancy in a dynamic metro suburban location
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 108 | $102.34 CAD | - |
Property Taxes
| Parcel Number | 25-02-201-025 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,703,028 CAD |
Property Taxes
Parcel Number
25-02-201-025
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,703,028 CAD
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Hotel Ventures International
Red Roof Inn Detroit - Royal Oak/ Madison | 32511 Concord Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.