PORTFOLIO OVERVIEW
HUNTER HOTEL ADVISORS has been exclusively engaged to solicit offers for the purchase of a 2-Property Affordable Suites of America portfolio (the “Portfolio”) totaling 175 guestrooms in Grand Rapids and Warren, Michigan. These properties are located in two of Michigan’s most dynamic and economically significant metropolitan areas – markets anchored by world-class employers, major headquarters, extensive manufacturing and logistics networks, nationally recognized healthcare systems, higher education institutions, and strong regional business activity. The combination of diverse demand generators, sustained population and employment growth, and high barriers to entry in these submarkets positions the Portfolio to capture stable, year-round extended-stay demand and generate durable operating performance.
The Portfolio is composed entirely of extended-stay assets, catering to long-term guests seeking apartment-style accommodations with full kitchens, separate living areas, and on-site laundry facilities. For the TTM period ending October 2025, the Portfolio generated Total Revenue of approximately $2.6M and NOI of $427,412, reflecting a 16.5% NOI margin and an average RevPAR of $40.31. Offered below replacement cost, the Portfolio provides investors an opportunity to acquire extended-stay hotels with operational upside in stable and consistently performing markets.
LISTING CONTACTS
DEBT CONTACT
PHOTO GALLERY
ABOUT HUNTER
Hunter Hotel Advisors is the leading investment advisory firm focused exclusively on the hotel industry. Their seasoned team of investment professionals and offices nationwide consistently provide clients with optimal results in hotel brokerage, financial advisory and capital markets services of any size or complexity. With over 45 years of experience in both full and select-service single assets as well as portfolio marketing, the firm’s capacity in valuation, economic analysis, and industry relationships has allowed HUNTER to consistently maximize value regardless of market conditions.
Hunter Hotel Advisors is the founder and producer of the well-known and respected Hunter Hotel Investment Conference. Since their first conference in 1989, they have had a consistent focus on producing an educational and networking format based on real estate and finance for hotel owners.