Hotels for Sale

Quality Inn & Suites Waterford, MI

Address:
Waterford, Michigan
Description:
  • Fee-simple interest in 111-room Quality Inn & Suites Detroit Waterford MI offered at a fraction of replacement cost
  • Property offered for individual sale as part of a larger portfolio
  • Offered unencumbered by debt or management with the ability to retain the Quality Inn & Suites flag via long-term license agreement with Choice
  • Nominal change of ownership PIP expected
  • Property is being sold individually, but the 150-room Quality Inn Detroit Troy, the 105-room Quality Inn Detroit Southfield, and the 64-room Comstock Inn & Conference Center Owosso are being sold simultaneously, providing buyers the opportunity to purchase multiple assets and capitalize on strong operating synergies by owning several well-branded Detroit area hotels
  • Situated along Michigan Highway 59 in Northwest Detroit with upwards of 40,000 vehicles passing the location daily
  • Proximate to all local regional demand, including Oakland Community Int’l Airport, Great Lakes Crossing Outlets, LEGOLAND Discovery Center, SEA LIFE Michigan Aquarium, Oakland University, Baker College, and Beaumont Health - Royal Oak.
  • Ideally located in the broader Detroit MSA, home to over 4.3MM people and the second largest MSA in the Midwest

Listing Agents

Mike Schlictman
T | 312.239.0577
Email Agent

Andrew Makhlouf
T | 312.584.1312
Email Agent

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