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Pleasant Valley Motel 17229 Northwood Hwy

10 Room Hotel Arcadia, MI 49613 £678,173 (£67,817/Room)

Executive Summary

The Pleasant Valley Resort is looking for its new owners! Located on scenic M-22, just five blocks from Lake Michigan in Arcadia, this thriving resort has been well maintained and continuously improved by the current owners over the past twelve years. 6 clean, cozy motel rooms, and 4 charming cottages offering the conveniences of home, ensure guests enjoy a relaxing stay. With a reliable base of repeat customers who book through the online reservation system each year, this turnkey property equipped with remote check-in capability is ready for a seamless transition to new management. An onsite owners residence gives you the chance to be a part of the Northern Michigan tourist scene, home to beautiful lakes and rivers, hiking trails, and just a short drive from the renowned Arcadia Bluffs Golf Club, ranked among the Top 100 public golf courses nationwide. Additionally, Crystal Mountain offers four-season fun for all ages. This is your opportunity to enjoy the best of Pure Michigan living in a historic and vibrant community.

Attachments

Survey 12-5-24

Property Facts

Price £678,173
Price Per Room £67,817
Sale Type Investment
Sale Conditions Business Value Included
Property Type Hospitality
Property Subtype
Hotel
Building Class C
Lot Size 0.93 AC
Building Size 4,633 SF
No. Rooms 10
Number of Floors 1
Year Built 1960
Parking Ratio 4.32/1,000 SF
Corridor Exterior

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 10 £56.65 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-010-031-10
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£23,537

zoning

Zoning Code C (Commercial Zoned District)
C (Commercial Zoned District)
  • Listing ID: 32112417

  • Date on Market: 12/06/2024

  • Last Updated:

  • Address: 17229 Northwood Hwy, Arcadia, MI 49613

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