Cedar Motor Inn
Hospitality | 88 Keys
Marketing description
On behalf of ownership, CBRE Hotels is pleased to present the opportunity to acquire the fee-simple interest in three properties located in Marquette, Michigan: Brentwood Motor Inn, Cedar Motor Inn, and the Econo Lodge Lakeview. These hotels are available for purchase individually or as a portfolio. Less than five miles apart, all three hotels are strategically located along US Highway 41, which intersects with Michigan Highway 28 (the largest highway in the Upper Peninsula of Michigan), providing easy access to other regional centers and the rest of the state. Marquette is situated on the shores of Lake Superior, nicknamed the “Queen City of the North,” and is the largest city in the Upper Peninsula of Michigan, with a population of over 20,000 people. The Marquette MSA population is over 67,000 and Marquette welcomes 1,000,000 out of market visitors annually. The hotels benefit from year-round demand generators such as lakes, beaches, and hundreds of miles of snowmobile, mountain biking, and hiking trails. Additionally, travelers enjoy shopping for antiques, crafts, and souvenirs, as well as activities like fishing, cross-country skiing, and boating. Marquette is also known for its charming downtown area, featuring shops, restaurants, and historical buildings.
Investment highlights
Investment Highlights
- Combined September 2025 T-12 Room Revenue over $3.3M
- Operating upside for a hands-on owner/operator!
- Excellent locations off US Highway 41 (all three properties) – US Highway 41 is the busiest highway in the Upper Peninsula of Michigan with an AADT count of over 30,000.
- Marquette is the largest city in the Upper Peninsula of Michigan (MSA Population of over 67,000; Over 1,000,000 out of market travelers annually)
- Well-maintained with recent improvements at all 3 hotels
- All 3 hotels are located:
- Less than 5 miles from Northern Michigan University (Over 7,000 Students Enrolled)
- Less than 18 miles from Sawyer International Airport
- Proximate Downtown Marquette, Presque Isle Park, Pictured Rock National Lakeshore, Lakenenland Sculpture Park, Sugarloaf Mountain, Marquette Mountain Ski and Bike Area, Hogback Mountain, Dead River Falls, Iron Ore Heritage Trail, the Superior Dome, Marquette Regional History Center, and many other attractions nearby.
- Approximately 1 hour from Gladstone and Escanaba, MI, 1.5 hours from Iron Mountain, MI, 2.5 hours from Marinette, WI, and St. Ignace, MI (Mackinac Bridge), 3 hours from Green Bay, WI, and Sault Ste. Marie, MI (US/Canada Border).
- 182 keys total: (42 Keys – Brentwood, 88 Keys – Cedar, 52 Keys - Econo Lodge) – Available individually or as a portfolio (buy one or buy them all)!
- Potential to grow revenue through laundry business! Econo Lodge has the three 125lb washers and three 105lb dryers. College Laundry and Cleaners did around $800K in annual revenue with wash/dry/fold/deliver service before closing.
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