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24702548
24702570

720 E Harbor St, Oscoda, MI 48750

Mid Michigan Hospitality
Listed by Mid Michigan Hospitality
$3,000,000
329 days on market
Updated 53 days ago
Opportunity zone

AmericInn by Wyndham Oscoda Near AuSable River

Details
APN 021-V10-000-001-00 , 021-V10-000-002-00 River Side Land Parcel
Property Type Hospitality
Sub Type Hotel
Square Footage 25,811
Units 47
Cap Rate 6.73%
NOI $202,000
Occupancy 42%
Class D
Year Built 2000
Year Renovated 2024
Buildings 1
Stories 2
Zoning C-3
Investment Type Owner/User
Occupancy Date 12/31/2025
Ownership Fee Simple

Newly Renovated 47 Keys

Marketing description

720 E Harbor St, Oscoda, MI 48750 AmericInn by Wyndham Oscoda offers a value add hospitality investment in East Michigan built in 2000. This 47 rooms inn features an Indoor Pool with new equipment, Meeting Room Space and spacious lobby with additional Vacant lot parcel with 2 Gazebos and Picnic area on the AuSable River. The property has undergone a major makeover renovation in Early 2024 which includes new AmericInn Pursuit Design guestroom paint, Case goods, FF&E, Carpet, Tiles, LED Mirrors, Artwork, Paint-Exterior Building, Wi-Fi, CCTV, Lobby tile and hallway carpet and other system modernization. NEW ROOF OCTOBER 2025

The property is well Suited for Owner Operator open year round, the hotel benefits from steady demand driven by major business, companies and employers like Kalitta Air which is major Aero plane Maintenance facility in Oscoda, Cooper Standards, Fishing and other recreational activities on the Lake Huron Beach and Oscoda Park. With a 100% Concrete building construction and Major Upgrades there is a good opportunity to increase the Occupancy and ADR for a new Operator or investor seeking to add a well-located riverfront hospitality asset in high demand tourist area with easy access to Lake Huron.

Investment highlights

Well known 1st Franchised Hotel/Motel in Town.

Newly Renovated all 47 rooms:

25 Standard Two Queen Beds Room,

10 Standard King

5 King Kitchenette Rooms,

4 King Suite Riverview with Fireplace,

3 King Studio Suites Riverview,

New Roof October 2025

Private Riverfront Picnic area with Two Gazebos along the AuSable River

Year round Business with high demand summer months.

Good Opportunity for Owner Operator with Hand-On.

Listing Contacts

Mid Michigan Hospitality
Listed by Mid Michigan Hospitality

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Loan Amount
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$202,000.00
$16,833.33/mo

Valuation Metrics

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DSCR
6.73%
Cap Rate
6.73%
ROI

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