Hotels for Sale

Hampton Inn Northville/Detroit, MI

Address:
Detroit, Michigan
Description:
  • Fee-simple interest in the 124-room, institutionally-owned and brand-managed, Hampton Inn Detroit Northville MI offered at a fraction of replacement cost
  • Property offered for individual sale in the November 20th Ten-X auction event, as part of a larger institutional portfolio sale
  • Offered unencumbered of management or debt with the ability to retain the Hilton flag with a new long-term license agreement
  • Situated adjacent to Interstate-275 with direct visibility and easy accessibility to upwards of 188,000 vehicles passing the location daily
  • Easy accessibility to the Interstate-696 corridor, the primary east west thoroughfare providing easy access to the growing east side defense corridor
  • Within 30 minutes of downtown Detroit
  • Within 30 minutes of Ann Arbor MI, home of Michigan University, the second largest university in the state with over 45,000 students
  • Proximate to all broader demand, including Ford Field, Comerica Park, Little Caesar’s Arena, the “Big Three” Automakers General Motors, Ford, and Fiat-Chrysler, Domino’s Pizza, Ally Financial, Dow Chemical Company, Ascension St. John Hospital, Trinity Health, Beaumont Hospitals, Northville Downs horse racing, and the Detroit Zoo
  • Readily accessible to Detroit Metropolitan Wayne County Airport the busiest airport in Michigan, which see over 35MM passengers annually, and Oakland County International Airport
  • Ideally located in the broader Detroit MSA, the second largest MSA in the Midwest, home to ~4.3MM residents and host to nearly 16MM visitors annually spending approximately $4.6BB
  • Opportune time to be investing in the Detroit MSA with Dan Gilbert led investment of $5.6B in downtown transforming the city and the broader marketplace

Listing Agent

Andrew Makhlouf
T | 312.584.1312
Email

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