Berrien Springs Hotel

Hospitality for Sale
Catylist Listing ID: 29951329
Property Subtypes: Hotel, Motel
Number of Units: 22 Units
Building Size (RSF): 14,082 SF
Gross Building Area: See Agent
Gross Land Area: 0.95 Acres
Sale Price: $385,000
Unit Price: $17,500 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 10/19/2016

Overview / Comments

Property consists of two buildings on 0.95 acres. 22-room operating hotel. Owner occupied apartment and office in building #2. Updated heat/air wall units. Personal property includes 20 double queen and 2 king beds.

Located one mile off exit #15 across from Andrews University entrance and next to Berrien County Fairgrounds. 10 miles to Niles. 25 miles to South Bend, Indiana. Zoning B-Business Commercial.

Additional Details

Nearest MSA: Niles-Benton Harbor
County: Berrien
Tax ID/APN: 15-0013-0017-21-7
Total Number of Buildings: 2
Number of Stories: 2

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,539 11,442 15,748
Median Age: 27.23 37.11 38.17
Households: 933 3,948 5,473


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