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630 Kenmoor SE Ste 101

Grand Rapids , Michigan 49546

Listing Type:
For Sale
Listing Price:
$2,400,000.00
Property Type:
Hotel and Motel
Property Subtype:
Resort
Year Built:
Listing Status:
Active
Building Size:
5000 SqFt
Land Area:
0.63 Acres

Description:

Incredible opportunity to own a piece of cash flowing paradise! Mata Rocks is a quaint little resort with 17 doors, ranging from single rooms to junior suites. Three star designation, with an average rating of almost 4.5/5.0 on Trip Advisor, this low key, convenient resort has expansion possibilities with the potential for vertical construction. Currently two floors, three more could be added to double the potential room revenue, and add retail or dining space.
2016 ADR = $126.31
65% average occupancy for 2015-2016
17 doors
4 room types- single to junior suite
4.7 out of 5 rating on Google, 4.4 on Trip Advisor

Presented by:

Glenda  Keeney-Gibson

Director

(480) 629-5300

(602) 622-0818

Click here to email

Listed by:

Keller Williams Realty of Grand Rapids

Keller Williams Grand Rapids East

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