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Americas Best Value Inn Saginaw South 1408 S Outer Dr

150 Room Hotel Saginaw, MI 48601 £195,613 (£1,304/Room)

Investment Highlights

  • Great exposure on I-75.
  • Contact the broker for more details.
  • Brownfield funds available to cover the building demolition cost.

Executive Summary

All utilities on site. Redevelopment opportunity.
Brownfield funds available to cover the demolition cost

Attachments

1408 S Outer Dr 120424

Property Facts

Price £195,613 Building Size 94,918 SF
Price Per Room £1,304 No. Rooms 150
Sale Type Investment Number of Floors 4
Sale Conditions Development Sale Year Built 1972
Property Type Hospitality Parking Ratio 2.26/1,000 SF
Property Subtype Hotel Corridor Interior
Building Class C Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size 4.85 AC
Price £195,613
Price Per Room £1,304
Sale Type Investment
Sale Conditions Development Sale
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 4.85 AC
Building Size 94,918 SF
No. Rooms 150
Number of Floors 4
Year Built 1972
Parking Ratio 2.26/1,000 SF
Corridor Interior
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 150 £46.95 -
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PROPERTY TAXES

Parcel Number 10125283008000 Improvements Assessment £0
Land Assessment £0 Total Assessment £189,196

PROPERTY TAXES

Parcel Number
10125283008000
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£189,196

zoning

Zoning Code TC (Town Center)
TC (Town Center)
(586) 227-9515

Contact

  • Listing ID: 33332693

  • Date on Market: 27/09/2024

  • Last Updated:

  • Address: 1408 S Outer Dr, Saginaw, MI 48601

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© 2024 CoStar Group

Americas Best Value Inn Saginaw South | 1408 S Outer Dr
(586) 227-9515 x

Americas Best Value Inn Saginaw South | 1408 S Outer Dr

Justin Francek

(586) 227-9515

(586) 227-9515

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