Listed by The Jonna Group at Colliers International, The Jonna Group
$1,650,000
Telegraph Motel
Details
APN 22122524
Property Type Hospitality
Sub Type Motel
Square Footage 12,474
Keys 25
Year Built 1966
Year Renovated 2024
Acreage 0.710
Parking Spaces 44 spaces
Parking Per SqFt 3.53
Investment Type Value Add
Ownership Fee Simple
Hospitality | 25 Keys
Marketing description
For Sale
Investment highlights
- Turnkey Asset with Recent Renovations: The property underwent a full remodel in 2024, offering modernized interiors and systems that reduce near-term capital expenditure for the buyer.
- Strong Visibility & High Traffic Location: Situated on Telegraph Road, a major commercial corridor in Detroit, the motel benefits from excellent visibility and consistent traffic flow, ideal for transient lodging.
- 25 Operational Units on 0.71 Acres: The motel offers a simple unit mix across a compact, manageable footprint— ideal for owner-operators or investors seeking cash-flowing hospitality assets.
- Value-Add or Owner-Operator Potential: Investors can explore daily, weekly, or extended-stay models, or reposition the asset for alternative uses such as workforce housing or short-term rentals.
- Strategic Location Near Key Amenities: Close proximity to major highways, retail centers, and employment hubs enhances guest demand and occupancy potential.
- Low Barrier to Entry in a Growing Market: Detroit’s hospitality and real estate markets continue to show signs of revitalization, offering upside potential at a relatively low acquisition cost.
- Independent Branding Flexibility: As a non-flagged property, the motel offers branding freedom and operational flexibility, allowing investors to tailor the business model to market demand.
- 25-Room Motel in Detroit | Turnkey asset with full 2024 remodel
- Prime Telegraph Rd. location with strong traffic
- 25 units on 0.71 acres, ideal for operators/investors
- Flexible value-add or owner-operator potential
- Close to highways, retail, and employment hubs
- Low entry cost in Detroit’s growing market
- Independent branding and operational freedom
Listing Contacts
Listed by The Jonna Group at Colliers International, The Jonna Group
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