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Errol D'Souza
Laurel Real Estate Co. 

P.O. Box 284 
Galena, OH 43021-0284
Office: 740-965-1966
Contact Me
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11-21-2017

26700 Central Park Blvd.
Southfield, MI 48075



Commercial:
Property Photo
1/11

Sold

Sold on Nov 21, 2017

Description

Hawthorn Suites * 144 units Room Revenue $2,131,792 * Occupancy 70.7% * Priced at 2.5 times room revenue * Located along I-696 and only 15 miles from downtown Detroit * 144 units * Room Revenue $2,131,792 * Occupancy 70.7% * Priced at 2.5 times room revenue * Located 15 miles from downtown Detroit, along I-696 * Price: $5,500,000

Features

  • Acres: 5 acres
  • ADR: $57.25
  • Amenities: Outdoor Pool, Fitness Center, Meeting Room
  • Corridors / Floors: Exterior / 2 Floors
  • No. Rooms: 144
  • Occupancy: 70.7%
  • Price per Room: $38,194
  • RevPAR: $40.47
  • Rm Rev Multiplier: 2.5
  • Room Revenue: $2,131,792
  • Total Revenue: $2,131,792
  • Type: Limited Service
  • Year Built: 1987

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