This Hospitality Property is no longer advertised on LoopNet.com.

12510 E 8 Mile Rd
Detroit, MI 48205

M N M Motel · Hospitality Property For Sale · 12,558 SF

INVESTMENT HIGHLIGHTS

  • Updated Bathrooms
  • Heating converted from boiler to PTAC Units
  • New Electrical System

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.36 AC
Building Size 12,558 SF
No. Stories 2
Year Built/Renovated 1962/2019
Parking Ratio 5.04/1,000 SF
Corridor Exterior

ABOUT 12510 E 8 MILE RD , DETROIT, MI 48205

Independent Motel Renovations of $558,000 expensed to upgrade the property Net Profit Before Debt Service - $358,246 ! Cap Rate: 21.07%

PROPERTY TAXES

ZONING

Zoning Code B4
  • Listing ID: 25144168

  • Date on Market: 2/28/2022

  • Last Updated:

  • Address: 12510 E 8 Mile Rd, Detroit, MI 48205