Investment Overview

Marcus & Millichap's Hospitality Division is pleased to exclusively offer the Park Drive Motel in Redford, Michigan—an exceptional investment opportunity for discerning hotel investors. Priced at $1,050,000, or $50,000 per key. This independent, single-story motel with 21 rooms presents upside potential in a growing market. Located at 22440 Plymouth Road, the property offers prime visibility and accessibility, sitting just under a mile from U.S. Route 24 and less than 15 miles from Detroit Metropolitan Wayne County Airport. Redford’s position within the Detroit-Warren-Dearborn Metropolitan Statistical Area (MSA), one of the largest and most economically significant regions in the U.S., positions this asset in a high-demand market. The Detroit MSA is a key hub for industries such as healthcare, technology, education, and automotive, with nearby corporate giants like Ford Motor Company (6.6 miles) and General Motors (14.8 miles) driving continuous economic growth. The Park Drive Motel's location provides seamless access to key regional hubs—15 miles from Detroit, 50 miles from Flint, and 100 miles from Toledo, Ohio—via major interstates. Given the assets location, the motel is well-positioned to capitalize on consistent foot traffic. Corporate, educational, and healthcare institutions are located nearby, including Wayne State University (12.2 miles), University of Michigan-Dearborn (4.8 miles), Garden City Hospital (5.3 miles), and Corewell Health Dearborn Hospital (8.8 miles). These key institutions not only support long-term growth but also ensure a steady stream of nearby travelers. Leisure attractions near the property further bolster its year-round occupancy potential. Guests have easy access to the Fairlane Town Center (5.5 miles), a retail destination with 10 million annual visitors, and cultural landmarks such as the Henry Ford Museum of American Innovation (7.6 miles), which draws over 400,000 visitors per year. Outdoor enthusiasts can visit nearby Glenhurst Golf Course (4.8 miles), Rouge Park (2 miles), and Roosevelt Park (3.7 miles), adding to the hotel's diverse guest profile. Additionally, Comerica Park (14.2 miles), home to the Detroit Tigers, regularly draws 30,000 fans per game, while downtown Detroit (14.9 miles) remains a bustling hub of tourism, business, and culture. This property offers an exceptional value-add opportunity for investors. With the potential for operational enhancements and targeted property upgrades, there is significant room to elevate the guest experience, boost occupancy, and increase ADR (Average Daily Rate). Cosmetic improvements, modernized amenities, and refreshed room features will further leverage the hotel's prime location, driving both revenue growth and asset appreciation. By applying strategic management practices and capitalizing on the high local demand, this property is well positioned for strong financial returns. Given its location and proximity to key demand generators, the Park Drive Motel stands out as an ideal investment for those seeking a well-located asset with substantial revenue potential.