Delta Hotel Kalamazoo Conference Center
Four-Story, Interior Corridor Hotel Situated on 9.29 Acres, Just 4 Miles to Downtown Kalamazoo
Marketing description
Paul Kerber // Broker of Record // License MI 6502433613
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Marcus & Millichap has been chosen to exclusively market for sale the Delta Hotels Kalamazoo Conference Center, a four-story, interior corridor hotel and 42,000+ square-foot conference center ideally situated on 9.29 acres along U.S. Route 131 in Kalamazoo, Michigan. The hotel was recently renovated in 2018 and features a heated indoor pool & spa, fitness center, business center, outdoor patio, game room, evening bar service, and guest laundry facilities, among others. The onsite conference center, renovated in 2019, consists of 21 flexible meeting rooms across 42,084 square feet of event space. Flight Restaurant & Lounge offers regionally inspired dishes with a rotation of Kalamazoo craft beers on tap and a refreshing take on classic Michigan cuisine.
The property is ideally situated 4 miles from Downtown Kalamazoo, which boasts several attractions including museums, parks, and event centers. The city is home to Western Michigan University, which features the Miller Auditorium and Waldo Stadium, as well as an enrollment of 17,605 students. There are new commercial developments in the area including the Kalamazoo Event Center, a major $515 million development featuring a new arena for WMU sports and the K-Wings, hosting concerts, sports, and community events, set to open Fall 2027. Located 3 miles from the hotel is a new $40 million development of an indoor youth sports facility, in which this hotel will be a host of starting 2027.
The Delta Hotels Kalamazoo Conference Center represents the opportunity to acquire a well-appointed Marriott-branded hotel in a stable market near several demand drivers. The new owner has the opportunity to complete the PIP and capitalize on onsite amenities to maximize returns. Our Pro Forma analysis assumes continued modest growth supported by the increasing population and demand growth in the Kalamazoo region.
Click Here For Offering Memorandum: https://allredhotelgroup.com/?propertyId=KalamazooMIDelta
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Investment highlights
- Priced at $46,703 Per Key | 7.9% Cap Rate | 3.1x Room Revenue Multiplier
- Well-Appointed Marriott-Branded Property | Hotel Renovated in 2018, Conference Center Renovated in 2019
- Four-Story, Interior Corridor Hotel Situated on 9.29 Acres, Just 4 Miles to Downtown Kalamazoo
- Excellent Brand Recognition and Additional Income Advantages Utilizing Onsite F&B and Conference Center
- Visibility and Frontage Along U.S. Route 131, with Easy Access to Interstate 94
- Within 2 Miles of Western Michigan University (17k+ Enrollment), Miller Auditorium & Waldo Stadium, as well as the WMU College of Engineering & Applied Sciences
- 3 Miles to New $40M Youth Sports Facility Development (Delta Kalamazoo will Likely be the Host Hotel of the Facility Starting 2027)
- 5 Miles to Bronson Methodist Medical Center, a Major, Award-Winning Regional Hospital with 434+ Beds and a Level I Trauma Center
- Other Nearby Attractions Include Kalamazoo County Expo Center, Several Parks & Museums, and the Kalamazoo Event Center (Opening Fall 2027)
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