Michigan, United States
Sale conditions: Market
Ownership: | Fee Interest |
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Type: | Hotel |
Sub Type: | Full Service |
Chain / Market Scale: | Upper Midscale |
Brand: | Wyndham |
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Corridor: | Interior |
No. of Keys: | 71 |
Site Size: | 1.5 AC |
The Hotel Ojibway is a historic hotel in Sault Ste. Marie overlooking the Soo Locks, and one block from the primary local hospital complex. This hotel's excellent location in the market, coupled with its recent renovations, attract a significant share of tourists, construction workers on the Locks, and health care-related travelers.
The revenue upside for this property is significant as the Soo Locks project is about to hit its third and largest phase – one that will see over $2 billion invested in the next seven-to-ten years. This construction will bring over one thousand contractors to the Soo from outside areas for this phase of the project. Ownership has already secured long-term leases for exclusive use of the property's meeting and event spaces.
Property Name: | Login to view |
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Property Type: | Hotel |
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Property Sub Type: | Full Service |
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Chain / Market Scale: | Upper Midscale |
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Brand: | Wyndham |
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Corridor: | Interior |
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Keys: | 71 |
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Building Status: | Existing |
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No. of buildings: | 1 |
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Stories: | 6 |
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Building size(SF): | 48596 |
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Site size: | 1.5 AC |
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Meeting Space: | 2 Rooms |
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Parking Type: | Surface |
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Parking Spaces: | 81 |
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Construction Type: | Masonry |
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Year Build: | 1927 |
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Year Renovated: | 2021 |
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71 Guest Rooms:
26 - King
39 - Double-Double
06 - King Jacuzzi Suite w. Kitchenette
Business Center
High Speed Internet
Breakfast Area
Exercise Room
Indoor Pool
Leased Lounge
Lounge
Leased Restaurant
Restaurant
Government
Group
Transient
Leisure
Commercial
Country: | United States |
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City: | Login to view |
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State: | Michigan |
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Postal Code: | Login to view |
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APN/Parcel ID: | Login to view |
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Location Type: | Login to view |
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President and Designated Broker
Alpine Realty Capital, LLC
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