13450 dix toledo Road

Southgate, MI 48195
Square Ft.
3,968
$699,000
Introducing a lucrative investment opportunity at HOLLYWOOD MOTEL, located at 13450 Dix Toledo Rd. Southgate, Michigan 48195. This 15-unit extended-stay motel, along with a manager's apartment, presents a chance for a high cap rate of 20.97% and a gross income of $196,000. Renovated just last year with $32,000 in upgrades,Read MoreRead Less
Courtesy of Brookstone, Realtors LLC, Tariq Herish, 248-963-0505.
Listing Snapshot
Days Online
3
Last Updated
Property Type
Commercial/Industrial
Square Ft.
3,968
Lot Size
0.28 Acres
Year Built
1952
MLS Number
50187515
30 Days Snapshot Of 48195
$207k
+82%
(avg) sold price
4
+300%
homes sold
12
-69%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Class B
Amenities
ADA Accessible, Bath, Cable Internet Installed, Cable TV Available, Carpet, Ceramic Floor, Electric Available, Fixtures, Floor Drain, Gas Available, Lawn Sprinkler, Living Quarters, Living Quarters Attached, Reception Area, Security Syetem Owned, Smoke/Fire Alarm
Building
3,968 square feet, Built in 1952, Investment
Cooling
Central A/C, HVAC
Exterior Features
Brick, Lawn Sprinkler, Wheelchair Access
Foundation
Slab
Water Features
Gas, Public Water
Heating
Electric Heat
Home Owner's Association
Electric, Gas, Lawn Maintenance, Security, Snow Removal, Taxes, Trash Removal, Water/Sewer
Interior Features
Less than 16 Ft.
Lot
0.28 acres, Lot size: 0.28, Utilities Underground
Parking
21+ Spaces
Property
Hotel/Motel, Multi-Family, Commercial
Roof
Shingles
Sewer
Public At Street
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