For Sale
$2,000,000
4848 Towne Centre Rd Saginaw, MI 48604
61-Key Hotel, 12% Cap Rate, High Growth Potential
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- $2,000,000 Asking Price
- Hospitality property, Hotel subtype, 61 keys
- 12% Cap Rate, $240,000 NOI, 43% Occupancy (as of 12/31/2023)
- Located at 4848 Towne Centre Rd, Saginaw, MI 48604
- 2-story, 1 building, 68 parking spaces, built in the 1980s, renovated in 2017.
Property Details for 4848 Towne Centre Rd
- Property type
- Hospitality properties, Hotels
- Year Built/Renovated
- 1980/2017
- Buildings
- 1
- Stories
- 2
Location Insight
- City
- Saginaw
- County
- Saginaw
- State
- Michigan
- Latitude
- 43.4777661
- Longitude
- -83.9621534
Nearby Similar for Sale
FAQs
- What type of property is this?
- Hospitality property - 61-Key Hotel, 12% Cap Rate, High Growth Potential
- Where is the hospitality property located?
- The property is located at 4848 Towne Centre Rd Saginaw, MI.
- What is the asking price?
- The asking price for this property is $2,000,000.
- What are key features of this property?
- This property features: $2,000,000 Asking Price; Hospitality property, Hotel subtype, 61 keys; 12% Cap Rate, $240,000 NOI, 43% Occupancy (as of 12/31/2023)
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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