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325 Sam Hill Dr
Marshall, MI 49068
Hampton Inn & Holiday Inn Express · Hospitality Property For Sale · 39,862 SF
PROPERTY FACTS
Property Type | Hospitality | No. Stories | 3 |
Property Subtype | Hotel | Year Built/Renovated | 2003/2016 |
Building Class | B | Tenancy | Single |
Lot Size | 2.88 AC | Parking Ratio | 2.76/1,000 SF |
Building Size | 39,862 SF | Corridor | Interior |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | B |
Lot Size | 2.88 AC |
Building Size | 39,862 SF |
No. Stories | 3 |
Year Built/Renovated | 2003/2016 |
Tenancy | Single |
Parking Ratio | 2.76/1,000 SF |
Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Digital key
About 325 Sam Hill Dr , Marshall, MI 49068
The Holiday Inn Express consist of a 1.81 acre parcel of land. The building is wood frame 3 stories, single elevator, 31,860 sf. The property was built in 2000 and features an indoor pool, fitness center, breakfast buffet and parking for 73 cars. The property went under a complete renovation in 2015 / 2016 at a reported cost of $1,300,000. Unfortunately, the renovation was completed prior to the “Formula Blue” Holiday Inn roll out and is therefor not currently compliant with the new standard. The property was granted a new license in 2017 for 15 years. The Hampton Inn consist of 2.88 acre parcel of land. The building is wood frame 3 stories, single elevator, 39,886 sf. The property was built in 2003 and features an indoor pool, fitness center, laundry room, business center, breakfast buffet and a 1,300 sf meeting room. The property was renovated in 2014/ 2015 at a reported cost of $1,100,000. The renovation occurred prior to the new Hampton Inn’s “Forever Young” program and is therefor not compliant. There are 14 Kings, 54 Queens and 5 available suites *(Please note: current owner will complete PIP for $8,000 / per room or estimated cost for new buyer to complete PIP $7,000 / per room)
PROPERTY TAXES
Parcel Number | 53-013-300-04 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $1,192,000 |
PROPERTY TAXES
zoning
Zoning Code | FS FREEWAY (Commercial) |
FS FREEWAY (Commercial) |
Learn More About Investing in Hospitality Properties
Listing ID: 15610679
Date on Market: 4/2/2019
Last Updated:
Address: 325 Sam Hill Dr, Marshall, MI 49068