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:

Listed by:
Keller Williams Realty of Grand Rapids
Keller Williams Grand Rapids East
Mortgage Calculator
INPUTS