Hospitality Business for Sale in Saginaw, MI

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Saginaw, MI 48604
  • Year built: 2011

Description

As the exclusive representative of the seller, Marcus & Millichap is pleased to present for sale to qualified investors the Hampton Inn & Suites Saginaw (“Hotel” or “Property”), located at 2695 Tittabawassee Road in Saginaw, Michigan. The upper midscale, limited-service hospitality property is offered on a “Request for Offer” basis. Please reach out to the listing agent for more information. The four-story Property is comprised of 96 rooms and is positioned on a 2.25-acre parcel. Originally constructed in 2011, the Hotel features amenities designed to appeal to both families and individual travelers, including a swimming pool, fitness center, restaurant, bar, and complimentary breakfast. Ideally positioned just minutes from Downtown Saginaw, the Property benefits from its proximity to numerous major demand generators and strong regional access supported by nearby Interstate 75, Interstate 675, and State Route 46. The city’s economy is primarily anchored by the education, healthcare, manufacturing, and logistics sectors, and these same economic pillars support sustained, year-round demand for lodging. Nearby colleges and universities include Saginaw Valley State University (2.8 miles) and Central Michigan University (4.4 miles). Saginaw Valley State University is home to approximately 7,000 enrolled students and serves as the city’s primary driver of campus visitations and academic travel. Multiple healthcare centers are located within five miles of the property, including MyMichigan Medical Center Saginaw (5.5 miles) and Covenant HealthCare (4.4 miles). Covenant HealthCare is the largest medical center in the metro and the area’s primary driver of lodging demand related to medical services. The 623-bed acute care trauma center serves over 80,000 patients annually. Demand for lodging in Saginaw is also driven by the city’s status as one of Central Michigan’s most important manufacturing and logistics hubs. Top industrial employers in the area include Nexteer Automot

Market Context

This hospitality in Saginaw, MI is listed for sale. The building dates to 2011. It has been on the market for 46 days. Compare it against other hospitality listings for sale in Saginaw, MI — <a href="/search/sale/hospitality/michigan/saginaw">view the full market</a>.

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