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21383400
21383401

966 S Outer Dr, Saginaw, MI 48601 For Sale

JS
MI MI 6505379424
The Sohi Group
DT
MI MI 6505379424
The Sohi Group
Listed by The Sohi Group
Unpriced
546 days on market
Updated 1 day ago

Red Roof Inn Saginaw/Frankenmuth

Details
Property Type Hospitality
Sub Type Hotel
Keys 63
Year Built 1974
Year Renovated 2017
Stories 2
Acreage 4.040
Investment Type Value Add

Hospitality | 63 Keys

Marketing description

The Red Roof Inn located in Saginaw, Michigan, is a two-story, 63 room hotel that was built in 1974 and underwent a renovation in 2017. Situated on 4.04 acres right off Interstate 75, this well-positioned property provides easy access easy access to Castle Museum, Shiawassee National Wildlife Refuge, and The Dow Event Center.

Saginaw, Michigan, is a mid-sized city with a diversified economy driven by healthcare, education, and manufacturing, anchored by employers like Covenant HealthCare and Nexteer Automotive. With its affordable cost of living, access to major highways, and revitalization efforts in downtown and riverfront areas, Saginaw is an emerging hub for business and community growth.

Investment highlights

Prime Location: The hotel benefits from a prime location with direct visibility and access off Interstate 75, capturing high traffic from one of the nation’s busiest travel corridors.

Managers Suite: Originally built as an 80-room hotel, the property includes a manager's apartment comprising of 4.5 rooms with 2 bathrooms and a kitchen. Several additional rooms are currently utilized for storage space, resulting in 63 "rent ready" guest rooms.

Operational Efficiencies: Currently managed under absentee ownership, the property offers significant upside potential for an owner-operator. There is ample opportunity to increase revenue and reduce operational costs through hands-on management and streamlined operations.

Listing Contacts

JS
MI MI 6505379424
The Sohi Group
DT
MI MI 6505379424
The Sohi Group
Listed by The Sohi Group

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Additional Information

Name
Jasdeep Sohi
License
MI 6505379424
Brokerage
The Sohi Group
Title
Senior Investment Advisor
Brokerage Address
3062 Walton Boulevard
Name
Dhaval Taylor
License
MI 6505379424
Brokerage
The Sohi Group
Brokerage Address
3062 Walton Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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