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Hotel-Motel

Econo Lodge Inn & Suites Escanaba

2301 N Lincoln Rd, Escanaba, MI 49829

Listing Price: $2,300,000

Number of Rooms
59
RevPAR
$28
Price/Room
$38,983
RRM
3.85
Year Built
1978

Investment Overview

As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Econo Lodge Inn & Suites Escanaba (‘Hotel’ or ‘Property’) in Escanaba, Michigan. The Choice Hotels-branded property is offered at $2,300,000 or $38,983 per key.

The Econo Lodge Inn & Suites Escanaba is a 59-room property positioned at 2301 N Lincoln Road in Escanaba, Michigan. Situated on a 1.6-acre lot, the Hotel is well-positioned near Highway 41, Escanaba Motor Speedway, and Upper Peninsula State Fairgrounds.

Escanaba, Michigan, located along the scenic shores of Lake Michigan's Little Bay de Noc in the Upper Peninsula. The city's waterfront is a focal point for recreation and relaxation, with Ludington Park stretching along the lakefront, offering picnic areas, walking paths, and stunning views of the bay. Here, the Sand Point Lighthouse stands as a historical beacon for the area. Escanaba's commitment to preserving its history is also evident in the Delta County Historical Museum, which showcases the region's logging, fishing, and native history, offering insights into the life and times of the area's early inhabitants and industries.

For those drawn to the outdoors, Escanaba is a gateway to numerous natural attractions. Hiawatha National Forest surrounds the city, providing endless opportunities for hiking, camping, and wildlife observation. The nearby Fayette Historic State Park offers a look back in time with well-preserved buildings set in a once-bustling iron-smelting town, now a quiet reminder of Michigan's industrial past. The city thrives on community events that bring locals and visitors together, such as the Upper Peninsula State Fair, which celebrates the region's agriculture, crafts, and entertainment. Escanaba's downtown area, with its local shops, galleries, and eateries, reflects the city's small-town charm and hospitality, inviting guests to explore and enjoy it at their own pace.

Investment Highlights

  • 59-Room, Two-Story, Choice Hotels-Branded Hotel
  • Positioned Less a Mile from Escanaba Motor Speedway and Upper Peninsula State Fairgrounds and Two Miles from Bay College
  • Situated Under Four Miles from Ludington Park and the Escanaba River
  • Offered Fee Simple, Unencumbered by Management Contracts, Franchise, or Existing Debt

Exclusively Listed By

Broker of Record

  • Steve Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s) MI: 6502387903

    Michigan

Financing By

Hotel-Motel

Econo Lodge Inn & Suites Escanaba

Listing Price: $2,300,000

Number of Rooms
59
RevPAR
$28
Price/Room
$38,983
RRM
3.85
Year Built
1978

Investment Highlights

  • 59-Room, Two-Story, Choice Hotels-Branded Hotel
  • Positioned Less a Mile from Escanaba Motor Speedway and Upper Peninsula State Fairgrounds and Two Miles from Bay College
  • Situated Under Four Miles from Ludington Park and the Escanaba River
  • 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 Econo Lodge Inn & Suites Escanaba (‘Hotel’ or ‘Property’) in Escanaba, Michigan. The Choice Hotels-branded property is offered at $2,300,000 or $38,983 per key. The Econo Lodge Inn & Suites Escanaba is a 59-room property positioned at 2301 N Lincoln Road in Escanaba, Michigan. Situated on a 1.6-acre lot, the Hotel is well-positioned near Highway 41, Escanaba Motor Speedway, and Upper Peninsula State Fairgrounds. Escanaba, Michigan, located along the scenic shores of Lake Michigan's Little Bay de Noc in the Upper Peninsula. The city's waterfront is a focal point for recreation and relaxation, with Ludington Park stretching along the lakefront, offering picnic areas, walking paths, and stunning views of the bay. Here, the Sand Point Lighthouse stands as a historical beacon for the area. Escanaba's commitment to preserving its history is also evident in the Delta County Historical Museum, which showcases the region's logging, fishing, and native history, offering insights into the life and times of the area's early inhabitants and industries. For those drawn to the outdoors, Escanaba is a gateway to numerous natural attractions. Hiawatha National Forest surrounds the city, providing endless opportunities for hiking, camping, and wildlife observation. The nearby Fayette Historic State Park offers a look back in time with well-preserved buildings set in a once-bustling iron-smelting town, now a quiet reminder of Michigan's industrial past. The city thrives on community events that bring locals and visitors together, such as the Upper Peninsula State Fair, which celebrates the region's agriculture, crafts, and entertainment. Escanaba's downtown area, with its local shops, galleries, and eateries, reflects the city's small-town charm and hospitality, inviting guests to explore and enjoy it at their own pace.

Exclusively Listed By

Broker of Record

  • Steve Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s): MI: 6502387903

    Michigan

Financing By

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