Property summary
This exceptional investment opportunity presents two established hotels in Ann Arbor, Michigan: a Days Inn by Wyndham and a Quality Inn & Suites. Boasting a combined 178 keys, these properties, built in 1975 and 2004 (with a 2022 renovation), sit on a 4.77-acre lot at 2376 and 2380 Carpenter Rd, Ann Arbor, MI 48108. The portfolio offers significant revenue synergies through shared resources and cross-promotion, maximizing operational efficiencies. The properties benefit from their prime location in Ann Arbor, a thriving market with strong tourism and business activity. The Days Inn brand provides established recognition and guest loyalty, while the Quality Inn & Suites offers comfortable accommodations and a proven track record of guest satisfaction. With a compelling 10.75% cap rate and a Net Operating Income (NOI) of $924,226, this portfolio represents a strong investment opportunity with significant growth potential. The asking price is $8,600,000. The two, two-story buildings offer a combined 178 rooms.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel
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Hotel & Motel
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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