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

28500 Northwestern Hwy
Southfield, MI 48034

ESA Northwestern Hwy Detroit MI · Hospitality Property For Sale · 32,429 SF

INVESTMENT HIGHLIGHTS

  • Fee-simple interest in the corporate-owned and corporate-managed 135-room Extended Stay America (ESA) Detroit – Southfield – Northwestern Hwy.
  • Ability to purchase any combination of the 20 assets, affording buyers the opportunity to capitalize on strong regional operating economies of scale.
  • Offered unencumbered of brand, debt, and management - with a variety of alternative brand options available for conversion.
  • Tours Available July 12. Available for individual sale as part of a larger 20-property portfolio in the July 26th and July 27th auction events.
  • Strong in-place performance with trailing-24-month year-over-year average ADR gains of +10%.
  • Product type with fully equipped kitchens is ideal for potential residential conversion or alternative use pending zoning and municipality approval.

PROPERTY FACTS

Sale Condition Auction Sale
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 3.07 AC
Building Size 32,429 SF
No. Stories 3
Year Built/Renovated 1999/2015
Tenancy Single
Parking Ratio 4.19/1,000 SF
Corridor Interior

AMENITIES

  • Business Center
  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen

PROPERTY TAXES

ZONING

Zoning Code B-3
  • Listing ID: 28675931

  • Date on Market: 6/6/2023

  • Last Updated:

  • Address: 28500 Northwestern Hwy, Southfield, MI 48034