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7625 Caterpillar Ct
Grand Rapids, MI 49548 Outer Kentwood/Wyoming

$4,700,000 USD

Hotel For Sale  •  27,948 SF

Property Details

• Property Type Hotel
• Total Building Size 27,948 SF
• Lot Size 2.42 AC
• Building Class C
• Year Built 1996
• Tenancy Single
• Zoning B3

0 Transit Score

22 Walk Score

Highlights

58 Units, Interior Corridor Hotel

Room Revenue in 2025: $1,225,164

Highly Profitable - Net Income $596,424 in 2025 and $549,711 in 2024, a Cap Rate of 12.7% for 2025

Hotel is in Excellent Condition - Seller has Completed the Current PIP besides Case Goods

Grand Rapids MSA includes over 1.2 Million People, and has Experienced Steady Growth

Excellent Location just Minutes from Gerald R. Ford International Airport and Downtown Grand Rapids, MI | Located in an Opportunity Zone

Amenities

• Balcony
• Fitness Center
• Pool
• High Speed Internet Access
• Public Access Wifi
• Smoke-Free

Public Transportation

Commuter Rail	Drive	Walk	Distance
	13 min	-	9.9 mi
Airport	Drive	Walk	Distance
Gerald R Ford International	21 min	-	11.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	62
Type:	Surface
Included in Rent:	Yes