618 Bennett StRose City, MI 48654

For Sale
Call for price

17-Key Motel, Home Included, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a 17-key motel situated on a 2-acre lot in Rose City, Michigan. The property boasts a 6,000-square-foot main building constructed in 1951 and 1980, featuring two stories and zoned R-2. Currently operating as a motel with 15 of 17 rooms rented, this property offers significant upside potential for increased occupancy through marketing and expansion. The attached home provides convenient on-site living for the owner/operator, complete with two bedrooms, one full bath, two half baths, and a basement. A newly remodeled kitchen adds to the home's appeal. The motel's location offers easy access to local attractions, including two wineries, a splash park, trout creek, and nearby state parks and forests ideal for outdoor recreation. The property's mature landscaping enhances its curb appeal. The current owner is open to considering a land contract with a substantial down payment. Financial projections are available demonstrating strong returns, even without active marketing or online booking participation. This is a rare chance to own and operate a profitable business in a desirable Northern Michigan location. The property's current success, combined with its untapped potential, makes this a compelling investment.

Highlights

  • Strong pro forma available demonstrating high ROI for both short- and long-term rentals.
  • Currently profitable motel operation with no online marketing presence.
  • Significant untapped revenue potential through minimal marketing investment.

Property Details for 618 Bennett St

Property type
Other hospitality properties, Motels
Square Feet
6,000 SF
Buildings
1
Stories
2
Lot Size (sq. ft)
87,120 SF

Location Insight

City
Rose City
County
Ogemaw
State
Michigan
Latitude
44.4145726
Longitude
-84.1170837
618 Bennett St, Rose City, Michigan

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618 Bennett St
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