Red Roof Inn – Detroit-Plymouth, MI – SOLD by Warmbrodt Hotel Investments, Inc.
The 109-room, two-story, exterior-corridor property, consisting of two buildings, was built in 1975 and is located on Interstate 275 and Ann Arbor Road west of downtown Detroit and Northwest of Detroit Metropolitan Airport.? The Detroit-Plymouth property will be renovated to new standards and maintain the Red Roof Inn franchise.
Red Roof Inn consistently achieves high rankings in J.D. Power & Associates Guest Satisfaction Index Studies in the economy budget segment. The company has been expanding their franchise platform by selling certain assets to qualified franchisees.? In conjunction with their $90 Million dollar renovation initiative, Red Roof is strategically implementing the NextGen redesign for all their properties.
NEW INVESTMENT OPPORTUNITY
Holiday Inn Express & Suites – East Wichita I-35 Andover
The 77 room, 3-story, interior corridor property opened in 2007 and offers a heated, indoor pool and a well-equipped fitness center. It is located at 160th Street, Exit 50 off of I-35, in Andover, Kansas-the heart of East Wichita.
[box type=”tick”]About Warmbrodt Hotel Investments, Inc.
WHI is a growing real estate firm specializing in the disposition, acquisition, financing, and debt restructuring of hospitality related assets throughout the United States.[/box]