Map of Property

HomeTowne Studios Detroit Livonia

For Sale

11808 Middlebelt Rd, Livonia, MI 48150

This Livonia property for sale is located at 11808 Middlebelt Rd. The current listed sale price for HomeTowne Studios Detroit Livonia is Subject To Offer. HomeTowne Studios Detroit Livonia is situated on a lot that is 2.91 acre in size.

Contacts

broker

Wendy Blissett

Hilco Real Estate

(678) 596-9669

Property Details

  • Property Type Other
  • Property Size 41,328 SF
  • Units 127
  • Lot Size 2.91 Acre
  • Year Built 1997
  • Date Updated Apr 22, 2024
Located in the Detroit suburb of Livonia, MI at the intersections of Middlebelt Rd. and Plymouth Rd.Hilco Real Estate and HREC Investment Advisors are pleased to present the 127-key HomeTowne Studios Detroit Livonia for sale. This extended stay hotel offers easy access to downtown Detroit (18 miles) and Detroit Metropolitan Wayne County Airport (10 miles). PAST REVENUES 2019: $1,595,500 (83% Occ) 2020: $1,814,000 (88% Occ) 2021: $1,934,500 (88% Occ) 2022: $1,827,500 (80% Occ) TTM 10/2023: $1,454,700 (60% Occ)

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Highlights

  • Fee-simple interest in the corporate owned 127-key HomeTowne Studios Detroit Livonia
  • Available for individual sale as part of a larger five property portfolio
  • Offered unencumbered of debt and management
  • Opportunity to acquire an extended stay hotel in a top Midwest MSA at a significant discount to replacement cost

Attachments

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Location

  • City Livonia, MI
  • Neighborhood Clements Circle
  • Zip Code 48150
  • Market Detroit

Points of Interest

  • Dearborn

    6.67 miles

  • Smith's Creek Depot Station

    6.90 miles

  • Firestone Station

    6.92 miles

  • Walnut Grove Station

    7.15 miles

  • CDM Transport LLC

    8.01 miles

  • Exxon

    0.39 miles

  • Livonia, MI Supercharger

    0.52 miles

  • Costco Gasoline

    0.60 miles

  • Mobil

    0.91 miles

  • Marathon

    0.96 miles

  • BP

    0.96 miles

  • Mobil

    1.07 miles

  • BP

    1.22 miles

  • Exxon

    1.22 miles

  • Exxon

    1.34 miles

  • OHM Advisors Parking Lot

    2.40 miles

  • Oak Grove Trailhead Parking Lot

    2.72 miles

  • Parking Lot - East

    3.73 miles

  • VFW Hall Parking

    3.74 miles

  • Parking Lot - South

    3.80 miles

  • Parking Lot - North

    3.80 miles

  • Parking Lot - West

    3.90 miles

  • school parking

    4.00 miles

  • School Parking

    4.10 miles

  • Parking Lot - Central Convent

    4.13 miles

  • Quality Inn & Suites

    0.66 miles

  • Comfort Inn

    0.91 miles

  • Hilltop Motel

    2.91 miles

  • Inn America

    3.13 miles

  • Home

    3.44 miles

  • Royal Budget Inn

    3.57 miles

  • Park Drive Motel

    3.59 miles

  • Days Inn by Wyndham Livonia - Detroit

    3.81 miles

  • Riviera Motel Detroit

    5.06 miles

  • Red Roof Inn

    5.22 miles

  • Big Lots

    0.37 miles

  • Meijer

    0.40 miles

  • Target

    0.42 miles

  • Walmart Supercenter

    0.46 miles

  • ALDI

    0.86 miles

  • Westborn Market

    1.63 miles

  • Save-A-Lot

    1.90 miles

  • Kroger

    1.91 miles

  • Larry's Foodland

    2.02 miles

  • Kroger

    2.10 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Wendy Blissett

Hilco Real Estate

(678) 596-9669