Sunset Motel | 9810 E Lansing Rd
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Sunset Motel 9810 E Lansing Rd
11 Room Hotel Durand, MI 48429 $1,559,217 CAD ($141,747 CAD/Room)
Investment Highlights
- Single and Double Occupancy Rooms
- Owner Occupied Income Producing Property
- Passive Residual Income Potential
Executive Summary
The Sunset Motel is a charming 10-room motel with an apartment and a large single-family home on the property. This is a wonderful opportunity to live onsite and generate residual income year-round. Whether you decide to run the motel operations yourself or hire a manager who could live in the apartment this real estate with business opportunity is truly unique!
Regardless of if guests are traveling solo, with family, or with friends, they will find a comfortable and spacious accommodation that suits their needs. The motel rooms are equipped with modern amenities such as Wi-Fi, cable TV, mini-fridge and microwave. The apartment offers more privacy and space, with a fully furnished kitchen, living room and dining area. The Sunset Motel is conveniently located near the town center, where you can find shops, restaurants, and attractions. The Sunset Motel is the perfect place to relax and unwind in a rural setting.
Regardless of if guests are traveling solo, with family, or with friends, they will find a comfortable and spacious accommodation that suits their needs. The motel rooms are equipped with modern amenities such as Wi-Fi, cable TV, mini-fridge and microwave. The apartment offers more privacy and space, with a fully furnished kitchen, living room and dining area. The Sunset Motel is conveniently located near the town center, where you can find shops, restaurants, and attractions. The Sunset Motel is the perfect place to relax and unwind in a rural setting.
Financial Summary (Actual - 2022) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2022) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,559,217 CAD | Building Size | 6,000 SF |
| Price Per Room | $141,747 CAD | No. Rooms | 11 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built/Renovated | 1953/2008 |
| Property Subtype | Hotel | Parking Ratio | 2.83/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 1.60 AC |
| Price | $1,559,217 CAD |
| Price Per Room | $141,747 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.60 AC |
| Building Size | 6,000 SF |
| No. Rooms | 11 |
| No. Stories | 1 |
| Year Built/Renovated | 1953/2008 |
| Parking Ratio | 2.83/1,000 SF |
| Corridor | Exterior |
Amenities
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 1 | $97.81 CAD | - |
| Guest Room | 10 | $69.46 CAD | - |
PROPERTY TAXES
| Parcel Number | 012-15-200-011-01 | Total Assessment | $235,835 CAD (2024) |
| Land Assessment | $0 CAD (2024) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $0 CAD (2024) | Tax Year | 2022 |
PROPERTY TAXES
Parcel Number
012-15-200-011-01
Land Assessment
$0 CAD (2024)
Improvements Assessment
$0 CAD (2024)
Total Assessment
$235,835 CAD (2024)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2022
zoning
| Zoning Code | C-1 |
| C-1 |
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Sunset Motel | 9810 E Lansing Rd
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