200 S SUPERIOR ST Albion MI 49224-1751

On behalf of Downtown Albion Hotel LLC, CBRE Hotels is pleased to present the opportunity to acquire the fee-simple interest in the 75-room Courtyard by Marriott, located in Albion, Michigan. Recently constructed and in excellent physical condition, the three-story property is strategically positioned along Superior Street within walking distance of Albion College and just two miles south of Interstate 94, in the heart of downtown Albion. The hotel benefits from its proximity to a diverse mix of demand generators, including higher education, corporate, retail, medical, and leisure demand drivers. Key room night generators include Albion College, Eaton Corporation, Michigan Automotive Compressor Inc., Team 1 Plastics, Knauf Insulation, Georgia Pacific, Colson Group Albion, Consumers Energy, Henry Ford Jackson Hospital, and Oaklawn Hospital. As the only premium branded hotel in Albion, the Courtyard is uniquely positioned to capture a majority of university-related demand, being within walking distance of Albion College. Additionally, the hotel offers excellent connectivity via I-94 to nearby cities such as Marshall, Battle Creek, and Kalamazoo to the west, and Jackson and Ann Arbor to the east. This regional connectivity has spurred significant economic development proximate to Albion. Notable ongoing projects include Ford’s $2.5 billion BlueOval Battery Park and the $453 million Sunfish Solar 2 renewable energy development. The BlueOval project, located 19 miles away in Marshall, will span 500 acres and house a new EV battery cell and pack manufacturing facility, expected to create over 1,700 permanent jobs upon its completion in 2026. Similarly, the Sunfish Solar 2 project, now under construction in Lee Township, 15 miles away from the Courtyard, will feature 620 bifacial solar panels across 1,300 acres, with completion also targeted for 2026. These large-scale developments are already generating significant project-based lodging demand for the Courtyard, which is expected to transition to long-term corporate demand driven by ongoing maintenance and training activities.

The Courtyard’s strategic location, brand strength, recent construction, and proximity to both existing and emerging demand generators have positioned the property to consistently capture robust lodging demand within the Albion market. For the TTM period ending August 2025, the Courtyard achieved a RevPAR of $71, driven by 61% occupancy and an ADR of $116, reflecting a nearly 10% year-over-year increase. This growth was primarily fueled by a 15% increase in occupancy over the same period. Both weekday and weekend occupancy increased by 16% and 11%, respectively, indicating a well-balanced and diversified demand mix and signaling strong overall market demand in Albion. Despite this impressive performance, there remains room for revenue growth through rate enhancement and a more hands-on owner operator. Currently, the Courtyard ranks 5th out of 7 in ADR within its competitive set. As the only premium-branded hotel in Albion, and with its prime location adjacent to Albion College, the property is well-positioned to increase ADR following a minimal change-of-ownership PIP. Upon completion, the Courtyard will feature the most recently renovated Marriott guestrooms in the broader market, including Albion, Marshall, and Jackson. Its superior location near Albion College, one of the area’s largest demand drivers, further enhances its competitive positioning.

Offered unencumbered of management, at an attractive price per key, well below replacement cost, the Courtyard provides a compelling investment opportunity, given the recent construction, strong Marriott branding, and minimal near-term capital expenditures expected for a new owner

• Newer Vintage, Three-Story, 75-Room Courtyard by Marriott With Long Term License Anticipated

• Ideally positioned in the heart of downtown Albion within walking distance to Albion College, one of the largest demand generators for the hotel

• Located 2 miles south of I-94, which connects Albion to Marshall, Battle Creek and Kalamazoo to the west and Jackson Ann Arbor and Detroit to the East

• The Courtyard is the only premium branded hotel in Albion which enables the assets to command higher average rates well above its comp set

• Proximate to major demand drives including Albion College, The $2.5B BlueOval Battery Park Development and $453M Sunfish Solar 2 Development

• As of TTM August 2025, the hotel achieved a $71 RevPAR through Occ of 61% and an ADR of $116, up nearly 10% YOY