Hotel For Sale • 57,900 SF
Fee simple interest in the institutionally owned 78-room Homewood Suites in Grand Rapids, Michigan. |
Available for purchase in the January 23rd auction event via Ten-X. |
Part of a four-property portfolio, with all properties being sold individually. |
Offered unencumbered by management and debt and at a significant discount to replacement cost. |
Offered unencumbered by brand, with a variety of alternative branding options available for conversion. |
Strong operational upside in transitioning the asset out of institutional ownership and third-party management. |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Grand Rapids Vernon J. Ehlers Station (Pere Marquette - Amtrak) | 15 min | - | 9.0 mi |
Airport | Drive | Walk | Distance |
Gerald R Ford International | 12 min | - | 5.9 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 100 |
Type: | Surface |
Included in Rent: | Yes |