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City Motel 111 W 12 Mile Rd 14 Pièce Hôtel Royal Oak, MI 48073 2 066 970 $ CAD (147 641 $ CAD/Pièce)



Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- 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.
Résumé de l'annonce
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.
Faits sur la propriété
| Prix | 2 066 970 $ CAD | Taille du bâtiment | 5 184 pi² |
| Prix par chambre | 147 641 $ CAD | Nombre de pièces | 14 |
| Type de vente | Investissement | Nombre d’étages | 2 |
| Type de propriété | Services hôteliers | Année de construction/rénovation | 1962/2023 |
| Sous-type de propriété | Hôtel | Location | Unique |
| Classe d’immeuble | C | Ratio de stationnement | 4,05/1 000 pi² |
| Taille du lot | 0,29 AC | Corridor | Extérieur |
| Zonage | BI - Neighborhood Business | ||
| Prix | 2 066 970 $ CAD |
| Prix par chambre | 147 641 $ CAD |
| Type de vente | Investissement |
| Type de propriété | Services hôteliers |
| Sous-type de propriété | Hôtel |
| Classe d’immeuble | C |
| Taille du lot | 0,29 AC |
| Taille du bâtiment | 5 184 pi² |
| Nombre de pièces | 14 |
| Nombre d’étages | 2 |
| Année de construction/rénovation | 1962/2023 |
| Location | Unique |
| Ratio de stationnement | 4,05/1 000 pi² |
| Corridor | Extérieur |
| Zonage | BI - Neighborhood Business |
Commodités
- Accès Internet à haute vitesse
- Accès Wi-Fi public
Pièce renseignements sur le mélange
| Description | Nombre de pièces | Taux quotidien | pi² |
|---|---|---|---|
| Guest Room | 14 | 78,54 $ CAD | - |
1 1
Moyennement practicable à pied
70/100
Exceptionnellement facile d'accès en voiture
100/100
Transports en commun limités
30/100
Plutôt praticable en vélo
50/100
Impôts fonciers
| Numéro de lot | 25-16-227-023 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 341 856 $ CAD |
Impôts fonciers
Numéro de lot
25-16-227-023
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
341 856 $ CAD
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City Motel | 111 W 12 Mile Rd
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