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Hotel-Motel

Courtyard by Marriott Lansing

2710 Lake Lansing Rd, Lansing, MI 48912

Listing Price: Request For Offer

Number of Rooms
128
RevPAR
$52
Year Built
1987

Investment Overview

As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the 128-room Courtyard by Marriott Lansing (‘Hotel’ or ‘Property’) in Lansing, Michigan. This property is being made available for auction on the Ten-X website and offered on a “call for offers” basis. Please reach out to the listing agent for more information.

The Courtyard by Marriott Lansing is a 128-room property positioned at 2710 Lake Lansing Road in Lansing, Michigan. Situated on a 4.48-acre lot, the Hotel is well-positioned off Highway 127 near Eastwood Towne Center. The Hotel is positioned favorably in a high-growth market surrounded by strong demand generators. The Property is located 71 Miles from Grand Rapids, Michigan and 91 Miles from Detroit, Michigan.

The two Hotels are positioned off the intersection of Highway 43 and Interstate 69, near the intersection of Interstate 69 and Interstate 96. Lansing is a city in an exceptional location that provides superior visibility to transient travelers as well as accessibility to prominent demand generators in the vicinity. Tapping into the various interests of Lansing’s diverse tourist population, the region is peppered with a wide array of local attractions and destinations. The highly amenable city features Capital Region International Airport, which reports more than 352,000 passengers each year, and Michigan State University, which enrolled over 50 thousand students in Fall 2023. Many golf clubs are scattered throughout the area, with Eagle Eye Golf Club, Hawk Hollow Golf Course, and Meridian Sun Golf Club among the most popular. Additionally, the city maintains several parks including Rose Lake State Wildlife Research Area, Lake Lansing Park, Frances Park, Harris Nature Center, and Fletcher-Robson Nature Park. Another important facet of the Lansing tourist economy, Potter Park Zoo is the oldest public zoo in Michigan and admits over 165 thousand visitors each year to tour the zoos more than 160 different species.

The Hotel maintains brand affiliation with Marriott International, the third largest representative of properties amongst franchisors worldwide with over 7,110 operational hotels internationally. This platform, coupled with their powerful reservation system, greatly benefits the conglomerate’s franchisees.

Investment Highlights

  • 128-Room, Two-Story, Marriott-Branded Hotel Renovated in 2016
  • Strategically Located Five and a Half Miles from Capital Region International Airport, Potter Park Zoo, and Downtown Lansing
  • Positioned Less than Four Miles from Michigan State University
  • Twelve-Month Average RevPAR in the Lansing/East Lansing Hotel Submarket Climbing at Annual rate of 2.9 Percent
  • Offered Fee Simple, Unencumbered by Management Contracts, Franchise, or Existing Debt

Exclusively Listed By

Broker of Record

  • Steven Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s) MI: 6502387903

    Michigan

Financing By

Hotel-Motel

Courtyard by Marriott Lansing

Listing Price: Request For Offer

Number of Rooms
128
RevPAR
$52
Year Built
1987

Investment Highlights

  • 128-Room, Two-Story, Marriott-Branded Hotel Renovated in 2016
  • Strategically Located Five and a Half Miles from Capital Region International Airport, Potter Park Zoo, and Downtown Lansing
  • Positioned Less than Four Miles from Michigan State University
  • Twelve-Month Average RevPAR in the Lansing/East Lansing Hotel Submarket Climbing at Annual rate of 2.9 Percent
  • Offered Fee Simple, Unencumbered by Management Contracts, Franchise, or Existing Debt

Investment Overview

As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the 128-room Courtyard by Marriott Lansing (‘Hotel’ or ‘Property’) in Lansing, Michigan. This property is being made available for auction on the Ten-X website and offered on a “call for offers” basis. Please reach out to the listing agent for more information. The Courtyard by Marriott Lansing is a 128-room property positioned at 2710 Lake Lansing Road in Lansing, Michigan. Situated on a 4.48-acre lot, the Hotel is well-positioned off Highway 127 near Eastwood Towne Center. The Hotel is positioned favorably in a high-growth market surrounded by strong demand generators. The Property is located 71 Miles from Grand Rapids, Michigan and 91 Miles from Detroit, Michigan. The two Hotels are positioned off the intersection of Highway 43 and Interstate 69, near the intersection of Interstate 69 and Interstate 96. Lansing is a city in an exceptional location that provides superior visibility to transient travelers as well as accessibility to prominent demand generators in the vicinity. Tapping into the various interests of Lansing’s diverse tourist population, the region is peppered with a wide array of local attractions and destinations. The highly amenable city features Capital Region International Airport, which reports more than 352,000 passengers each year, and Michigan State University, which enrolled over 50 thousand students in Fall 2023. Many golf clubs are scattered throughout the area, with Eagle Eye Golf Club, Hawk Hollow Golf Course, and Meridian Sun Golf Club among the most popular. Additionally, the city maintains several parks including Rose Lake State Wildlife Research Area, Lake Lansing Park, Frances Park, Harris Nature Center, and Fletcher-Robson Nature Park. Another important facet of the Lansing tourist economy, Potter Park Zoo is the oldest public zoo in Michigan and admits over 165 thousand visitors each year to tour the zoos more than 160 different species. The Hotel maintains brand affiliation with Marriott International, the third largest representative of properties amongst franchisors worldwide with over 7,110 operational hotels internationally. This platform, coupled with their powerful reservation system, greatly benefits the conglomerate’s franchisees.

Exclusively Listed By

Broker of Record

  • Steven Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s): MI: 6502387903

    Michigan

Financing By

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