2-Unit Michigan Motel Portfolio

31536 Groesbeck Hwy Fraser, MI 48026

FOR SALE
Property Type:
Motel
Amount:
$3,050,000
Last Verified:
Sep 21, 2022

Highlights

  • 2-UNIT MOTEL PORTFOLIO | VALUE-ADD OPPORTUNITY
  • 58 TOTAL ROOMS | AMPLE PARKING
  • BOTH ASSETS LOCATED ADJACENT TO EACH OTHER
  • GREAT FRONTAGE AND VISIBILITY
  • LOCATED ON GROSEBCK HWY (37,000+ VPD)
  • MINUTES FROM I-94 (96,000+ VPD)
  • SEVERAL ON-SITE AMENITIES EXIST AT SITE
  • SEVERAL NATIONAL RETAILERS IN IMMEDIATE VICINITY: KROGER, SAM’S CLUB, MEIJER, WALGREENS, FAMILY DOLLAR, JIMMY JOHN’S, POPEYE’S, ADVANCE AUTO PARTS, DOLLAR TREE, PNC BANK AND MORE.
  • 20-MINUTE DRIVE TO DETROIT CITY AIRPORT
  • SHORT DISTANCE TO MCLAREN MACOMB HOSPITAL
  • MINUTES FROM MACOMB COMMUNITY COLLEGE

Description

58-Room 2-Unit Motel Portfolio located adjacent to each other in Fraser, Michigan.

Fraser is a city in Macomb County of the U.S. state of Michigan. The city is part of the Metro Detroit region.

Building Size: 19718sq ft
Lot Size: 2.53 acres

Map of 31536 Groesbeck Hwy, Fraser, MI, 48026

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
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