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The EconoLodge opened in June 1990 and affiliated with Choice Hotels in May 1996. It is a twostory, interior corridor, limited-service hotel, with 30 guestrooms, lobby/breakfast area, vending,
public restrooms, commercial laundry, and manager’s apartment. Each first floor guestroom has
sliding glass doors to an outside patio, and the second floor guestrooms have balconies. All hotel
rooms offer high speed wireless internet access as well as irons and ironing boards. The land is
irregular in shape and contains 1.53+ acres. There is ample paved parking.
The hotel is in very good condition and has good Quality Assurance inspection scores from
Choice Hotels. The STAR Report shows the hotel is performing very well but has room to
increase occupancy against its competitive set. The hotel is a great opportunity for an owner
operator with living quarters on-site.
This hotel is located between Lake Mitchell and Lake Cadillac on M-115 near the M-55 junction and
a few miles north of the US-131 junction. The downtown business district and many other demand
generators are within a few miles. It’s location provides easy access to many area attractions and area
businesses like; Mitchell State Park, Cadillac Country Club, Caberfae Peaks Ski/Golf, McGuire’s
Golf Club and other golf courses, Baker College of Cadillac, Cadillac Mercy Hospital, Cadillac
Rubber & Plastic, Four Winns Boats, and The Wexford County Airport. Many dining options are
nearby the hotel as well as retail shopping and other attractions and recreational activities.
$1,250,000- All Cash.
Gary Smith or Meril Dean at (231) 941-1777. Do not contact the management or hotel staff. SMITH
DEAN BURGETT is the seller’s agent and will be compensated by the seller.
The information contained herein and contained in any supplemental documents has been furnished by the seller or seller’s
representatives. The submitting broker is not responsible for misstatements of facts, errors, omissions, or withdrawal of the
property from the market without notice. Prospective purchasers are urged to perform their own due-diligence.
2050 South Airport Road West, Traverse City, MI 49684
Phone: 231-941-1777 Fax: 231-941-1665 Email: [email protected]