DoubleTree Hotel Holland, MI

Listing Agents

Eric Skipworth
T | 312.248.4109
eskipworth@paramountlodging.com

Andrew Makhlouf
T | 312.610.9067
amakhlouf@paramountlodging.com

Detailed Information
Property Highlights
  • Fee simple interest in the 168-room institutionally owned and third-party managed DoubleTree Holland MI
  • Available for individual purchase in the November 2nd Ten-X auction event
  • Upscale, premium-branded, Hilton asset offered unencumbered by management or debt at a significant discount to replacement cost
  • Ability to retain the Hilton flag for a new long-term license upon completion of the PIP, or pursue alternative branding or potential alternative use options
  • Strong operational upside in transitioning away from institutional ownership and national third-party operator to an investor with stronger regional operating economies of scale
  • Opportunity to better position the asset amongst the competitive set upon completion of the PIP
  • Situated next to Highway 31 and near Interstate 196 with approximately 80,000 vehicles passing the area daily
  • Located approximately two miles from Holland’s Downtown shopping district – home to more than 200 shops, restaurants, and entertainment options for guests
  • Ideally located in Holland’s business district and, readily accessible to all corporate demand, including GHSP global headquarters, Haworth Inc., and JR Automation Technologies
  • Proximate to all regional healthcare demand including, Holland Hospital, and Spectrum Health Zeeland Community Hospital
  • Proximate to all regional education demand, including Hope College, and the regional campuses for Grand Valley State University and Davenport University
  • Ideally well-situated near all local leisure demand, including the Lake Michigan coastline, Holland State Park Beach, Lake Macatawa, Windmill Island Gardens, Veldheer Tulip Gardens, and Nelis’ Dutch Village
  • Accessible via Grand Rapids Gerald R. Ford International Airport, and West Michigan Regional Airport
  • Holland is home to the Tulip Time Festival, an eight-day experience routinely drawing 500,000 visitors to the area
  • Ranked number one in the state for quality of life in “Best Small Cities in America,” Holland is an affluent community neighboring Grand Rapids and a gateway to the Lake Michigan coast
Location