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Red Roof Inn Detroit - Royal Oak/ Madison 32511 Concord Dr 108 Room Hotel Madison Heights, MI 48071 For Sale
Investment Highlights
- Price Reduced by $300,000 - ($5.950,000 to $5,650,000) August 23, 2026
- Red Roof Inn, PIP Renovation - 2022-2023
- 2025 OCC - 80%
Executive Summary
Madison Heights hotel demand is primarily driven by it's location within Oakland County
"Automation Alley" with strong corporate, manufacturing and industrial business.
The area contains 1,300 business's including firms like Henkel North American and various
auto suppliers.
"Automation Alley" with strong corporate, manufacturing and industrial business.
The area contains 1,300 business's including firms like Henkel North American and various
auto suppliers.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Sale Type | Investment | No. Rooms | 108 |
| Sale Condition | Business Value Included | No. Stories | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1982/2023 |
| Property Subtype | Hotel | Parking Ratio | 3.37/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 2.03 AC | Opportunity Zone |
Yes
|
| Building Size | 32,640 SF | ||
| Zoning | B-3 GEN | ||
| 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
The proximity to I-75 and 14 mile road provides access to medical centers, shopping malls area attractions and surrounding suburbs and sports enclaves like the Detroit Tigers, Detroit Lions , Detroit Pistons and the Detroit Red Wings.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 108 | $103.28 CAD | - |
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 25-02-201-025 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,714,820 CAD |
Property Taxes
Parcel Number
25-02-201-025
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,714,820 CAD
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Presented by
Hotel Ventures International
Red Roof Inn Detroit - Royal Oak/ Madison | 32511 Concord Dr
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