99 Navy St | Hancock, MI 49930
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- LoopNet Team
99 Navy St
Hancock, MI 49930
Ramada by Wyndham Hancock Waterfront · Hospitality Property For Sale
·
32,220 SF
INVESTMENT HIGHLIGHTS
- Stabilized, 51 rooms, two story hotel on approximately 3.3 acres of land, conveniently located on the banks of beautiful Lake Portage.
- The property offers immediate access to snowmobiling trails with ample parking for the recreational trailers.
- 6.6 miles from the Houghton County Memorial Airport.
- Long-term demand for hotels – Michigan Technological University ( 7000+ enrolled students students) is only 2.1 miles from the property
- Located in the beautiful Upper Peninsula in Michigan.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1997/2004 |
| Building Class | B | Parking Ratio | 2.37/1,000 SF |
| Lot Size | 9.58 AC | Corridor | Interior |
| Building Size | 32,220 SF | ||
| Zoning | C-D | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 9.58 AC |
| Building Size | 32,220 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1997/2004 |
| Parking Ratio | 2.37/1,000 SF |
| Corridor | Interior |
| Zoning | C-D |
AMENITIES
- Business Center
- Pool
- Room Service
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Fully-Equipped Kitchen
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $1,886,424 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,886,424
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