Marriott-Branded Extended-Stay
For Sale
Contact for pricing
5230 CARDINAL SQ BLVD, Saginaw, MI
Three-story lodging property with an indoor pool, fitness room, guest laundry, and courtyard.
Property Size55,361 SF
Lot Size2.30 Acres
Price / SF$149.84
Days on Market56
Property Features for 5230 CARDINAL SQ BLVD
General Information
Standard status
Active
Size
55,361 SF
Class
B
Total Parking Spaces
80
Lot size
2.30 Acres
Property subtype
Hospitality
Zoning
B-2
Investment Type
Core+
Additional Details
Highway Access
Yes
Amenities
indoor pool
hot tub/spa
fitness room
guest laundry
breakfast room
business center
sundry shop
billiards room
courtyard
Building Details
Year Built
2005
Buildings
1
Stories
3
Units
68
Listing Agency:
Sarhan Hotel Group
Listed By:
Aaron Lin · License #02094916
(626) 233-3366
Source:
Crexi
Added: Aug 21
Changed: Oct 13
Last Checked: Oct 14 at 11:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sarhan Hotel Group
Investment Insights
Based on property information with market context.
Built in 2005, this Marriott-branded extended-stay hotel contains 68 rooms across three stories and 55,361 square feet. The interior-corridor property sits on a 2.3-acre site with 80 parking spaces and is zoned B-2. Guest amenities include an indoor pool, hot tub and spa, fitness room, laundry facility, breakfast room, business center, sundry shop, billiards room, and courtyard.
The hotel is located near Tittabawassee Road, Bay Road, I-675, and I-75, providing access to the Great Lakes Bay Region. Its operating profile is designed for extended visits, with accommodations and shared facilities suited to longer-stay lodging. The property is identified as a Residence Inn by Marriott and serves as a dedicated extended-stay lodging asset in Saginaw Township’s commercial corridor.
The hotel is located near Tittabawassee Road, Bay Road, I-675, and I-75, providing access to the Great Lakes Bay Region. Its operating profile is designed for extended visits, with accommodations and shared facilities suited to longer-stay lodging. The property is identified as a Residence Inn by Marriott and serves as a dedicated extended-stay lodging asset in Saginaw Township’s commercial corridor.
Key Highlights
- 68‑room Residence Inn by Marriott extended‑stay hotel
- 55,361‑square‑foot, three‑story interior‑corridor property built in 2005
- Situated on 2.3 acres with 80 parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$305,460
Cap Rate
3.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,109,200
$6.1M
Cap Rate 7%
$4,363,714
$4.4M
Cap Rate 9%
$3,394,000
$3.4M
Market Conditions
NOI Build-Up for 55,361 SF
Gross rent
$730.8K $13.20/SF
− Vacancy
−$87.7K −$1.58/SF
EGI
$643.1K $11.62/SF
− OpEx
−$337.6K −$6.10/SF
NOI
$305.5K $5.52/SF
Area
Saginaw County, MI
Vacancy
12.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,109,200
Cap Rate 7%
$4,363,714
Cap Rate 9%
$3,394,000
Alternative Uses
Best Use
Hotel Hospitality
$4.36M
$3.82M – $5.09M
NOI $305,460 @ 7.0% cap · market cap 3.68%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$10.23M
$8.95M – $11.93M
NOI $715,984 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
234
Businesses Nearby
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Hotel - Three-story lodging property with an indoor pool, fitness room, guest laundry, and courtyard.
Where is this hotel located?
The property is located at 5230 CARDINAL SQ BLVD Saginaw, MI.
What is the asking price?
The asking price for this property is $8,295,453.
What are key features of this property?
This property features: 68‑room Residence Inn by Marriott extended‑stay hotel; 55,361‑square‑foot, three‑story interior‑corridor property built in 2005; Situated on 2.3 acres with 80 parking spaces
