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2523 US 41 W
Marquette, MI 49855

Price Upon Request

Hotel For Sale  •  77,176 SF

Property Details

  • Property Type Hotel
  • Total Building Size 77,176 SF
  • Lot Size 1.87 AC
  • Building Class B
  • Year Built 1980
  • Zoning GB
0 Transit Score
46 Walk Score

Highlights

Part of a 3 Property Portfolio - Cedar Motor Inn, Brentwood Motor Inn, & Econo Lodge Lakeview - Available Individually or as a Portfolio!
Combined April T12 Room Revenue over $3.4M, with Combined NOI of $1.4M! Combined NOI 40% Flowthrough!
182 keys total: (42 Keys – Brentwood, 88 Keys – Cedar, 52 Keys - Econo Lodge) – Well-maintained with recent improvements at all 3 hotels
Excellent locations off US Hwy 41 (all three properties) – US Hwy 41 is the busiest highway in the Upper Peninsula of Michigan with an AADT of 30K!
Marquette is the largest city in the Upper Peninsula of Michigan (MSA Population of over 67,000; Over 1,000,000 out of market travelers annually)
Less than 5 miles from Northern Michigan University (Over 7,000 Students Enrolled) & Less than 18 miles from Sawyer International Airport

Amenities

  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

Public Transportation

AirportDriveWalkDistance
Marquette/Sawyer Regional 27 min - 16.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 97
Type: Surface
Included in Rent: Yes
Maxx Rohde 414-274-1682 CBRE, Inc.
Maxx Rohde 414-274-1682 CBRE, Inc.