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    Alger, MI
    Motel

    Alger, MI Motels for Sale

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    Nine-Room Motel Property
    Updated: Mar 8
    Nine-Room Motel Property

    1396 N M 76 Road, Alger, MI 48610

    $180,000
    6,500 sqft 0.77 AC lot
    9 guest rooms plus living quarters
    6,500 square feet on 0.77 acres
    Asphalt roof installed in 2016
    Septic and well upgrades completed in 2018
    Two 200 amp circuit breaker panels
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Alger, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    49-Unit Motel with Pool
    49-Unit Motel with Pool

    4909 Salling Avenue, Lewiston, MI 49756

    $750,000
    29,177 sqft 5.00 AC lot

    Motel property with guest amenities, updated operating systems, and seasonal parking.

    View details
    Well-Maintained Motel with Home
    Well-Maintained Motel with Home

    1024 S I 75 Business Loop, Grayling, MI 49738

    $694,900
    4.86 AC lot

    A 22-unit motel property on 4.86 acres with a connected 1,800 sq ft residence and extensive parking.

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    49-Unit Motel in Lewiston, MI
    49-Unit Motel in Lewiston, MI

    4909 Salling Ave, Lewiston, MI 49756

    Contact for pricing
    29,177 sqft

    49-unit motel with pool, sauna, and snowmobile trail access.

    View details
    22-Unit Motel with Kitchenettes
    22-Unit Motel with Kitchenettes

    1024 I-75 Business, Grayling, MI 49738

    $694,900
    10,261 sqft 4.86 AC lot

    Motel property with kitchenette units, an attached residence, and a separate maintenance building.

    View details

    Alger, MI Motels Market Trends and Statistics

    Explore 1 motels for sale in Alger, MI on our real estate platform. These investment opportunities span a total of 6,500 square feet of properties for sale, with an estimated market value of $180,000.

    Sale prices for motels in Alger, MI average $180,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Motels 1

    Demographics Overview

    Population 3,261
    Population Growth (5Y) +13.5%
    Median Household Income $54,665
    College Educated 20.0%

    High-Yield Neighborhoods for Investment

    Identify Alger submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48610 $180K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Arenac County

    New Delisted

    Total CRE Inventory on Market (SF)

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