Property summary
This exceptional owner-user opportunity presents the Sunset Motel, a charming 11-key establishment nestled on a 1.6-acre lot in Durand, Michigan. Built in 1960 and renovated in 2008, this property boasts 6,000 square feet across two buildings, offering a unique blend of business and residential living. The motel features 11 well-appointed rooms, each equipped with modern amenities including Wi-Fi, cable TV, mini-refrigerator, and microwave. Generating a Net Operating Income (NOI) of $50,000, the property is priced at $1,100,000 ($183.33/sq ft and $100,000/bed). The property includes a spacious apartment, ideal for an on-site manager or owner, and a separate single-family home, adding to the overall value and potential income streams. Conveniently located near the town center, the motel benefits from easy access to local shops, restaurants, and attractions. The permitted A2 zoning ensures flexibility for future development or expansion. This turnkey operation offers a rare chance to acquire a profitable business with significant residential components in a desirable rural setting. The property's strong financial performance, combined with its versatile layout and prime location, makes it an attractive investment for both seasoned entrepreneurs and first-time business owners. The property's APN is 01259054000.
Property profile
VerifiedCap rate & NOI
Current use
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Hotel & Motel
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property 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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