32800 Stephenson Hwy | Madison Heights, MI 48071
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32800 Stephenson Hwy
Madison Heights, MI 48071
Baymont by Wyndham Madison Heights Detroit Ar · Hospitality Property For Sale · 52,455 SF
Investment Highlights
- Revenues consistantly averaging $2M from 2019, 2021, & 2022 with 30%+ NOI margins
- The Property has shown consistent Departmental & Undistributed Operational Expense ratios from 2019 to 2022.
- Prime location to popular destinations such as the Detroit Zoo, the Little Ceasers Arena, and the Detroit Institute of Arts
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1988/2006 |
| Building Class | B | Parking Ratio | 2.13/1,000 SF |
| Lot Size | 2.50 AC | Corridor | Exterior |
| Building Size | 52,455 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.50 AC |
| Building Size | 52,455 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1988/2006 |
| Parking Ratio | 2.13/1,000 SF |
| Corridor | Exterior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
About 32800 Stephenson Hwy , Madison Heights, MI 48071
As the exclusive representative of the seller, Marcus & Millichap's National Hospitality Division is pleased to present for sale to qualified investors the Baymont Inn & Suites Madison Heights. The 120-room, three-story building was constructed in 1988 and spans 2.49 acres.
PROPERTY TAXES
| Parcel Number | 25-02-176-024 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,676,790 |
PROPERTY TAXES
Parcel Number
25-02-176-024
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,676,790
zoning
| Zoning Code | B-3 GEN |
| B-3 GEN |
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