Motel in Hillsdale, Michigan

Motel in Hillsdale, Michigan

Bidding is closed.
High Bid:$0.00
NA
Bidding Ended: Thu, Nov 10  1:00:00 pm CT
Starting Bid: $250,000.00
Property Location: 1729 Hudson Road, Hillsdale, MI 49242
Property has been viewed 3,075 times.

SOLD

Previously Valued To: $525,000

Minimum Bid: $250,000

Buyer's Premium: 6%

Cooperating Commission: 2%

Lot Size: Approx. 3.25 acres

Motel: 25 Rooms

Pin # 30 11 002 200 025 02 7 3

2015 Winter Taxes: $4,639.34

2016 Summer Taxes: $1,706.82

Currently operating for special events. Fully furnished motel with a variety of  rooms: smoking and non-smoking rooms, king beds, queen beds, and two double beds. Each room has an air conditioner, refrigerator, and cable TV. New heating boiler installed in November of 2015 and a new domestic water heater installed in February 2016.  Included is a 20' x 30' pole barn for storage. 

Located 1 mile south of the Hillsdale City Limits; 4-minute drive from Hillsdale College; 12-minute drive from Highway 12.

**3 STEPS REQUIRED TO REVIEW PROPERTY FINANCIALS: 1) REGISTER ON OUR WEBSITE; 2) GO TO THE DOCUMENTS TAB, CLICK ON FINANCIALS & ACCEPT THE CONFIDENTIALITY AGREEMENT TERMS BY ENTERING YOUR PASSWORD; 3) DOWNLOAD THE FINANCIALS

Cooperating Broker Licensed in the State of Michigan: RE/MAX Preferred Realty, License #6505275985; Cathy Galloway, License #6502130587

View Property Flyer (PDF)

 
Click on any picture to see a larger image.