3543 Krafft Rd Fort Gratiot Township, MI 48059
This single-story, 1,436 square foot hotel in Fort Gratiot Township, Michigan is offered at $369,900. The property boasts a compelling 13.49% capitalization rate and a net operating income (NOI) of $49,896. Currently operating as an inn, it features nine units, seven of which are leased at $542 per month ($135.50 per week), and two leased at $628 per month ($157.00 per week). This consistent rental income stream makes it an attractive investment prospect. Located at 3543 Krafft Rd, Fort Gratiot Township, MI 48059, this property presents a solid foundation for continued profitability. The price per square foot is $257.59. Appointments are required for property viewings.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.