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 | No. Stories | 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 |
| No. Stories | 5 |
| Year Built/Renovated | 1969/2010 |
| Parking Ratio | 4.49/1,000 SF |
| Corridor | Interior |
Amenities
- Balcony
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $87.00 | - |
| Guest Room | 73 | $74.00 | - |
PROPERTY TAXES
| Parcel Number | 41-17-12-452-006 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,289,500 |
PROPERTY TAXES
Parcel Number
41-17-12-452-006
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,289,500
zoning
| Zoning Code | B2 |
| B2 |
-
Power Broker Craig Black -
Craig Kallemeyn -
Colliers
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Baymont by Wyndham Grand Rapids Near Downtown | 255 28th St SW
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