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966 S Outer DrSaginaw, MI 48601
Red Roof Inn Saginaw - Frankenmuth
Asset ClassHotel & Hospitality
Investment Opportunity: Red Roof Inn Saginaw MI - 63 Rooms - Directly off I-75
overview of deal

Overview

The Red Roof Inn located in Saginaw, Michigan, is a two-story, 63 room hotel that was built in 1974 and underwent a renovation in 2017. Situated on 4.04 acres right off Interstate 75, this well-positioned property provides easy access easy access to Castle Museum, Shiawassee National Wildlife Refuge, and The Dow Event Center.

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Investment Highlights

Prime Location: The hotel benefits from a prime location with direct visibility and access off Interstate 75, capturing high traffic from one of the nation’s busiest travel corridors.

 

Managers Suite: Originally built as an 80-room hotel, the property includes a manager's apartment comprising of 4.5 rooms with 2 bathrooms and a kitchen. Several additional rooms are currently utilized for storage space, resulting in 63 "rent ready" guest rooms.

 

Operational Efficiencies: Currently managed under absentee ownership, the property offers significant upside potential for an owner-operator. There is ample opportunity to increase revenue and reduce operational costs through hands-on management and streamlined operations.

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966 S Outer DrSaginaw, MI 48601
Dow Event Center
Saginaw Children's Zoo
Castle Museum
Temple Theatre
Saginaw Valley State University
Dow Chemical

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Listing provided by Revere CRE