Grand Rapids, Michigan 49534
Closed /
MLS #13054706 /
Business /
Tallmadge Twp
Listing information updated 10/6/2021 at 4:04am
A sound investment opportunity awaits you at Wayside Motel. This 13 unit motel has been under the same ownership for over 25 years. If you are looking to have a manageable operation where you are the manager or if you want to hire this out, this property easily accommodates either option. There is a single family home on the property (approx. 900 sq feet, with a large living room, kitchen, 2 beds and a full bath) that the manager may use and the front desk is located at the front of the home. The motel itself consists of 13 units. Motels average a 40% vacancy rate, but not this one. This motel is 100% rented and has a waiting list for people that want to get in. This motel is geared toward weekly rentals and NOT overnight renters. A lot of residents have lived here for more than 1 year an
Listing Office: Midwest Properties ERA Powered (Main)
Listing Office Phone: 616.364.8831
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