622 Allegan St Plainwell, MI 49080-1211

This exceptional 63-key Comfort Inn hotel presents a lucrative investment opportunity in Plainwell, Michigan. Located at 622 Allegan St, 49080, this 34,801 square foot property, built in 1987, offers significant potential for growth. The hotel boasts a strong average daily rate (ADR) of $127 and impressive 69% occupancy, exceeding the performance of comparable properties in the Grand Rapids and West Michigan submarkets. Its strategic location off Interstate 131 provides easy access for travelers, and its proximity to the Plainwell municipal airport (just one exit away) further enhances its appeal. The interior corridor design ensures guest comfort and security. The asking price for this established hospitality asset is $6,400,000. This represents a compelling opportunity to acquire a well-performing hotel in a desirable location with strong potential for future returns. The property's consistent performance and strategic positioning make it an attractive investment for experienced hospitality investors seeking a high-return asset in a growing market. Detailed financial information is available upon request.