Quality Inn South-Byron Center - Grand Rapids, MI
About This Property
- 58 Units
- Interior Corridor Hotel
- Room Revenue in 2025: $1,225,164
- Highly Profitable - Net Income $596,424 in 2025 and $549,711 in 2024, a Cap Rate of 12.7% for 2025
- Hotel is in Excellent Condition - Seller has Completed the Current PIP besides Case Goods
- Grand Rapids MSA includes over 1.2 Million People, and has Experienced Steady Growth
- Excellent Location just Minutes from Gerald R. Ford International Airport and Downtown Grand Rapids, MI
- Located in an Opportunity Zone
This 58-room, two-story interior corridor located in Grand Rapids, Michigan. Ideally situated on highway 131 and just 11 miles from Gerald R. Ford International Airport.
The hotel was built in 1996 and is in fantastic condition. It continues to perform strongly with revenue in 2025 at $1,225,164 and RevPAR of $57.87, outperforming the comp set in 2025 by 46%. Amenities include an indoor pool, buffet breakfast room, laundry facilities, computer station, meeting room, fitness facility, and more.
The Quality Inn is in excellent condition with over $1,000,000 in capital expenditures completed since 2018. The Seller has completed the current PIP required by Choice besides casegoods which is the only remaining item.
The hotel produces consistent income and is highly profitable, with net income of $596,424 in 2025 (a 12.7% cap rate) and $549,711 in 2024.
Grand Rapids is Michigan's 2nd largest city, and is home to a growing population of approximately 200,117 and continues to experience strong economic growth supported by key demand generators in healthcare that include names like Corewell Health and Trinity Health, technology, and education. Just an hour away, Michigan State University, which enrolls over 52,000 students, contributing to consistent visitor activity from students, faculty, families, and university related events such as sports.
Nearby demand drivers include several manufacturing and logistics hubs including Steelcase & Meijer, SpartanNash, Michigan CAT, American RV, Martin Transportation Systems, Northern Logistics, and Western Logistics. Also nearby are Tanger Outlets of Grand Rapids, Rivertown Crossings shopping mall, Metro Health hospital, Davenport University, Grand Rapids Children's Museum, and downtown.
This agreement (“Agreement”) is between Amber Hotel Company (“Amber”) and the undersigned party (“Buyer”) who is interested in buying investment real estate.
The investment real estate is exclusively listed for sale with Amber. Amber shall provide Buyer with related confidential information, subject to the terms and conditions of this Agreement.
By checking the below box and viewing this property, you agree that:
- The related confidential information is provided for the sole purpose of having a Buyer evaluate the purchase of the property for itself or its affiliates. Buyer and its affiliates shall keep the related information confidential, and not reproduce, distribute or disclose such information to third parties, except to the extent third party consultants, lenders, or other agents of Buyer are required, in which case such third parties will be held to the same confidentiality standards as Buyer. Amber shall not be responsible for the accuracy or completeness of the information provided, or for any loss or expense, whether direct or indirect, arising from Buyer’s or Buyer’s affiliate’s use and reliance on the information.
- The undersigned principal or any company or entity in which the undersigned principal has controlling interest, including real estate brokerage companies, shall not be paid any form of commission or fee by the owner of the property for the purchase of the property.
- All offers and purchase agreements for the property from Buyer or its affiliates shall be submitted through Amber. Buyer shall not contact the owner of the property directly or act either directly, indirectly, through any third parties including affiliates, clients or other brokers to circumvent the purpose of this Agreement. Amber may solicit, represent and accept offers for the property from other potential buyers without obligation to this Buyer. Buyer acknowledges that real estate brokers are not qualified as experts for legal, financial, accounting, environmental, construction, soils, geological or engineering advice.
This property information, market information, and other information on this page as well as any related documents have been provided by the seller or other outside sources. Interested parties are highly encouraged to verify the information independently. Amber has not independently verified any information.