Map of Property

HomeTowne Studios Detroit Livonia Listing Details & Market Data

11808 Middlebelt Rd, Livonia, MI 48150

  • For Sale Subject To Offer
  • Property Type Other
  • Property Size 41,328 SF
  • Units 127
  • Lot Size 2.91 Acre
  • Year Built 1997
  • Date Updated Mar 26, 2024
Located in the Detroit suburb of Livonia, MI at the intersections of Middlebelt Rd. and Plymouth Rd.Hilco Real Estate and HREC Investment Advisors are pleased to present the 127-key HomeTowne Studios Detroit Livonia for sale. This extended stay hotel offers easy access to downtown Detroit (18 miles) and Detroit Metropolitan Wayne County Airport (10 miles). PAST REVENUES 2019: $1,595,500 (83% Occ) 2020: $1,814,000 (88% Occ) 2021: $1,934,500 (88% Occ) 2022: $1,827,500 (80% Occ) TTM 10/2023: $1,454,700 (60% Occ)

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Attachments

Highlights

  • Fee-simple interest in the corporate owned 127-key HomeTowne Studios Detroit Livonia
  • Available for individual sale as part of a larger five property portfolio
  • Offered unencumbered of debt and management
  • Opportunity to acquire an extended stay hotel in a top Midwest MSA at a significant discount to replacement cost

Contacts

broker

Wendy Blissett

Hilco Real Estate

(678) 596-9669

Location

Getting Around

  • Walk Score ®

    Car-Dependent (44)

  • Bike Score ®

    Bikeable (50)
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  • City Livonia, MI
  • Neighborhood Clements Circle
  • Zip Code 48150
  • Market Detroit

Points of Interest

  • Dearborn

    6.67 miles

  • Smith's Creek Depot Station

    6.90 miles

  • Firestone Station

    6.92 miles

  • Walnut Grove Station

    7.15 miles

  • CDM Transport LLC

    8.01 miles

  • Exxon

    0.39 miles

  • Livonia, MI Supercharger

    0.52 miles

  • Costco Gasoline

    0.60 miles

  • Mobil

    0.91 miles

  • Marathon

    0.96 miles

  • BP

    0.96 miles

  • Mobil

    1.07 miles

  • BP

    1.22 miles

  • Exxon

    1.22 miles

  • Exxon

    1.34 miles

  • OHM Advisors Parking Lot

    2.40 miles

  • Oak Grove Trailhead Parking Lot

    2.72 miles

  • Parking Lot - East

    3.73 miles

  • VFW Hall Parking

    3.74 miles

  • Parking Lot - South

    3.80 miles

  • Parking Lot - North

    3.80 miles

  • Parking Lot - West

    3.90 miles

  • school parking

    4.00 miles

  • School Parking

    4.10 miles

  • Parking Lot - Central Convent

    4.13 miles

  • McDonald's

    0.05 miles

  • KFC

    0.21 miles

  • Noodles & Company

    0.27 miles

  • Bread Basket Deli

    0.27 miles

  • Pizza Hut

    0.27 miles

  • Five Guys

    0.27 miles

  • Qdoba

    0.28 miles

  • White Castle

    0.51 miles

  • Del Taco

    0.52 miles

  • Jersey Mike's Subs

    0.53 miles

  • Emerson Middle School

    0.56 miles

  • Cleveland Elementary School

    1.03 miles

  • Saint Robert Bellarmine School

    1.20 miles

  • Ashcroft School

    1.28 miles

  • Franklin High School

    1.32 miles

  • Peace Evangelical Lutheran School

    1.33 miles

  • Adams Elementary School

    1.33 miles

  • Elementary Day Treatment at Ashcroft

    1.34 miles

  • St. Damian School

    1.34 miles

  • Universal Learning Academy

    1.43 miles

  • Learning Tree

    1.95 miles

  • Livonia Little Tots

    2.69 miles

  • Helping Hands child care

    3.42 miles

  • The Learning Tree Child Care Center - North

    4.04 miles

  • Montessori Center of Our Lady

    4.16 miles

  • Old Redford Pre-Kindergarten Academy

    4.76 miles

  • Tott's Early Learning Center

    4.88 miles

  • New West Side Head Start

    4.93 miles

  • KinderCare

    5.60 miles

  • God's Little Schoolhouse

    5.63 miles

Contact Listing Broker

broker

Wendy Blissett

Hilco Real Estate

(678) 596-9669