1010 M-28 Marquette, MI 49855
This exceptional investment opportunity presents the America's Best Value Inn, a thriving 45-unit motel in Marquette, Michigan. Boasting 21,696 square feet across four buildings on a 2.01-acre lot, this property offers significant income potential. The inn underwent renovations in 2023 and 2024, ensuring modern amenities and guest comfort. The property features a mix of 40 motel rooms and five long-term rental units, plus on-site living quarters and a manager's suite. Its prime location on M-28 offers easy access to downtown Marquette, the North Country Trail, Chocolay River launches, and Ojibwa Casino. Nearby amenities include a health club, dining, banking, and shopping. The inn benefits from its proximity to Sawyer International Airport (20 miles) and caters to a diverse clientele drawn to Marquette's year-round outdoor recreational opportunities. The property is zoned commercial and offers potential for expansion. A recent appraisal is available. This fee-simple ownership presents a rare chance to acquire a well-established and updated motel in a desirable location. The property's strong performance and strategic location make it an attractive investment for discerning buyers. The buildings are two stories, built in various ages during the 1980s.
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
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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.