Baymont by Wyndham Grand Rapids Near Downtown | 255 28th St SW
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Baymont by Wyndham Grand Rapids Near Downtown 255 28th St SW
75 Room Hotel Grand Rapids, MI 49548 For Sale
Investment Highlights
- 75-Room Days Inn and 75-Room Baymont
- On-site banquet rooms, perfect for hosting birthday parties, reunions, business events
- 90–95% occupancy on average weekends
Executive Summary
Priced for apartment conversion. This hotel is an excellent candidate for an affordable apartment conversion, with an estimated conversion cost of $30,000 per unit, totaling approximately $4.66 million.
Property Facts
Sale Type | Investment | No. Rooms | 75 |
Property Type | Hospitality | Number of Floors | 5 |
Property Subtype | Hotel | Year Built/Renovated | 1969/2010 |
Building Class | C | Parking Ratio | 4.49/1,000 SF |
Lot Size | 4.00 AC | Corridor | Interior |
Building Size | 48,804 SF |
Sale Type | Investment |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 4.00 AC |
Building Size | 48,804 SF |
No. Rooms | 75 |
Number of Floors | 5 |
Year Built/Renovated | 1969/2010 |
Parking Ratio | 4.49/1,000 SF |
Corridor | Interior |
Amenities
- Balcony
- Business Centre
- Fitness Centre
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wi-Fi
- Smoke-Free
- Hot Tub
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Suite | 2 | £68.73 | - |
Guest Room | 73 | £58.46 | - |
PROPERTY TAXES
Parcel Number | 41-17-12-452-006 | Improvements Assessment | £0 |
Land Assessment | £0 | Total Assessment | £1,017,415 |
PROPERTY TAXES
Parcel Number
41-17-12-452-006
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£1,017,415
zoning
Zoning Code | B2 |
B2 |
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Baymont by Wyndham Grand Rapids Near Downtown | 255 28th St SW
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