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
Provided through IDX through Realcomp II Ltd. Courtesy of Brookstone, Realtors LLC.
Listing Snapshot
Days Online
256
Last Updated
Property Type
Commercial
Square Ft.
3,968
Lot Size
0.28 Acres
Year Built
1952
MLS Number
58050187515
30 Days Snapshot - Source: Home Junction
30 Days Snapshot Of 48195
$225k
+19%
(avg) sold price
19
-20%
homes sold
54
+8%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Class B
Building
Built in 1952, 3,968 total square feet, Unit count: 0, Brick
Foundation
Slab
Water Features
Natural Gas, Public (Municipal)
Lot
Lot size area: 0.28, Lot size dimensions: 0.28
Miscellaneous
Other, Business And Real Estate
Property
Property type: Commercial, Commercial, Multi-Family
Utilities
Smoke Alarm
Sewer
Sewer (Sewer-Sanitary), Sewer at Street
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Mortgage Calculator - Source: Home Junction
Monthly Payment
$0
Quinton Lemond
Broker/Owner
Agent profile image

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IDX provided courtesy of Realcomp II Ltd., via GoodHome Realty, LLC and Quinton Lemond, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

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