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Holiday Inn Express 9490 Woodlane Dr 83 Room Hotel Dimondale, MI 48821 $7,756,348 CAD ($93,450 CAD/Room)
Investment Highlights
- New owner could be all in freshly PIP'ed Holiday Inn Express with a new 15 year license at 3.5-4 multiple of revenue post PIP.
Executive Summary
Company owned and operated hotel offers a more hands on owner upside in top line revenue and bottom line.
Hotel is located at an exit with potential future growth and development.
Hotel is located at an exit with potential future growth and development.
Property Facts
| Price | $7,756,348 CAD | Building Size | 46,617 SF |
| Price Per Room | $93,450 CAD | No. Rooms | 83 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 2012 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Parking Ratio | 1.93/1,000 SF |
| Lot Size | 2.10 AC | Corridor | Interior |
| Zoning | CM - Commercial | ||
| Price | $7,756,348 CAD |
| Price Per Room | $93,450 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.10 AC |
| Building Size | 46,617 SF |
| No. Rooms | 83 |
| No. Stories | 3 |
| Year Built | 2012 |
| Tenancy | Single |
| Parking Ratio | 1.93/1,000 SF |
| Corridor | Interior |
| Zoning | CM - Commercial |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Meeting Event Space
- Digital key
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 28 | $195.59 CAD | - |
| Guest Room | 55 | $174.01 CAD | - |
Property Taxes
| Parcel Number | 080-086-500-056-00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $3,324,843 CAD |
Property Taxes
Parcel Number
080-086-500-056-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,324,843 CAD
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Holiday Inn Express | 9490 Woodlane Dr
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