Hotels for Sale

Embassy Suites Detroit Southfield

Address:
Southfield, Michigan
Description:
  • 239-room Hilton Embassy Suites in the heart of Detroit's Southfield commercial corridor
  • Approximately $6MM ($25k/key) of trailing-18 month¬†renovations completed, with minimal PIP anticipated of a new buyer and the ability to retain Hilton flag for a new long-term license
  • Asset is offered unencumbered of management and debt and at a steep discount to replacement cost in the rapidly expanding Detroit MSA
  • Located directly off of Interstate 696, with direct visibility¬†and accessibility to upwards of 178,000 cars passing the location daily
  • Ideally situated in Oakland County - Michigan's wealthiest and second largest county with approximately 1.2MM residents
  • Proximate to all regional demand including downtown Detroit, the "Big Three" auto headquarters, and multiple Fortune 500 firms

Listing Agents

Beau Mullenix
T: 314.568.7098
Email

Bennett Webster
T: 312.239.0560
Email

Brent Clemens
T: 312.402.2959
Email

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