Boutique Hotel with HUGE upside in top tourist destination

February 11, 2025
by a searcher from United States Naval Academy in Grand Rapids, MI, USA
Boutique hotel investment opportunity with huge upside, featuring 13 rooms in Michigan’s wine country. This property delivers a projected 26% cap rate and 25-26% IRR over 5 years post-stabilization, not including lease-back of restaurant and cafe space including commercial kitchen.
Stabilized NOI projected to exceed $1,000,000, supported by diversified revenue streams including lodging, weddings/events, and restaurant. A strategic acquisition for investors seeking high-yield returns in the hospitality sector. Property has been badly mismanaged due to owner's poor health, which is also the reason for the sale.
Interested investors can email redacted or call###-###-#### to receive Offering Memorandum with further details. Offer to be made this week (week of Feb 10) and due diligence begun immediately. Seeking LOI's from interested investors pending due diligence.
from University of Pennsylvania
from United States Naval Academy in Grand Rapids, MI, USA