Park Drive Motel
Hospitality | 14.54% CAP | 21 Keys
Marketing description
Park Drive Motel, located at 1727-22400 Plymouth Rd in Redford Township near Lincoln Park, offers a compelling value-add investment opportunity with 21 total rooms, including 16 currently operational, plus a 2-bedroom manager's apartment. The property presents significant upside potential, as all rooms can be converted into studio-style apartments, allowing for repositioning into a higher-income, long-term rental asset. Strategically situated along a high-traffic corridor with strong visibility and close proximity to Detroit, the asset benefits from consistent demand driven by workforce housing and extended-stay needs. With opportunities to increase revenue through unit conversion, improved occupancy, and operational enhancements, this property is ideal for investors or owner-operators seeking both immediate cash flow and long-term appreciation.
Investment highlights
- Value Add Motel- possible Apartment Conversion
- Historically High Gross Sales
- Weekly, daily and Extended Stay
- Main Retail Corridor | Surrounded by National Tenants
- Private Fenced Lot
- 24,000 VPD Pass subject Property
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