For Sale
$369,900
3543 Krafft Rd Fort Gratiot Township, MI 48059
Nine-unit hotel, high cap rate, strong NOI.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- 1,436 SF single-story hotel in Fort Gratiot Township, MI, offered at $369,900.
- Strong 13.49% capitalization rate and $49,896 NOI.
- Nine units; seven leased at $542/month, two at $628/month.
- Located at 3543 Krafft Rd, Fort Gratiot Township, MI 48059.
- Price per square foot: $257.59.
Property Details for 3543 Krafft Rd
- Property type
- Hospitality properties, Hotels
- Square Feet
- 1,436 SF
- Stories
- 1
Location Insight
- City
- Fort Gratiot Township
- County
- St. Clair
- State
- Michigan
- Latitude
- 43.025072494659
- Longitude
- -82.459034515658
Nearby Similar for Sale
FAQs
- What type of property is this?
- Hospitality property - Nine-unit hotel, high cap rate, strong NOI.
- Where is the hospitality property located?
- The property is located at 3543 Krafft Rd Fort Gratiot Township, MI.
- What is the asking price?
- The asking price for this property is $369,900.
- What are key features of this property?
- This property features: 1,436 SF single-story hotel in Fort Gratiot Township, MI, offered at $369,900.; Strong 13.49% capitalization rate and $49,896 NOI.; Nine units; seven leased at $542/month, two at $628/month.
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