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About This Home

This 23-bedroom, 23-bathroom residential multi family at 44784 Woodward Avenue in Pontiac, MI is listed for $1,400,000 ($213 per sqft). Built in 1951, the home offers 6,567 sqft of living space on a 0.53 acres lot.

Agent Description

Prime 23-Room Motel Investment Opportunity on Woodward Avenue An exceptional opportunity to own a profitable fully operational 23-room motel located directly on Woodward Avenue, offering 160 feet of road frontage and unmatched exposure on Woodward, one of Michigan's highest-traffic commercial corridors.

Positioned on the border of Bloomfield Hills, this property benefits from premium surrounding demographics, high visibility, strong signage opportunities, and sits on a spacious half-acre lot in a desirable green-zone location. The motel generates impressive returns with an Actual NOI of $168,000, an 11 percent cap rate at the list price, and even

stronger performance potential with flexible rental options that allow rooms to be rented by the day, week, or month. A Land Contract is available with $800,000 down, making this a rare and accessible investment opportunity for qualified buyers. The property has been thoughtfully updated with a newer roof, new water heaters, new in-unit heating and cooling systems, and brand-new electrical throughout.

Rooms have been remodeled, fully furnished, and are ready for continuous occupancy. A clean, well-maintained parking lot offers generous parking options for guests and increases overall convenience and appeal. The location continues to stand out with close proximity to major destinations-only eight minutes from Carl's Golfland, five minutes from Trinity Health, close to the I-75 Freeway, and twenty minutes from Orchard Lake Village-ensuring a steady flow of traffic and demand.

Key Features

  • Built in 1951
  • 0.53 acre lot

Property Details

1 story
23 full
1951

Amenities

A/C

Monthly Cost Estimate

$7,487/mo

20% down · 6.5% · 30 years

Principal$1,012
Interest$6,067
Insurance$408

Estimates only. Actual payments may vary.

Location

44784 Woodward Avenue

Pontiac, MI 48341

Assrs 153 - City Of Pontiac

Features & Amenities

Interior Features

Smoke AlarmCarbon Monoxide Alarm(s)Laundry FacilityExterior Video SurveillanceFire Alarm

Property Details

Construction

Vinyl

Heating

Space Heater

Cooling

Wall Unit(s)Window Unit(s)

Questions & Answers

This 23-bedroom, 23-bathroom residential multi family at 44784 Woodward Avenue is listed at $1,400,000 ($213/sqft). The estimated monthly payment is $6,067 based on 20% down at 6.5% interest.

Key features include: Built in 1951, 0.53 acre lot. Interior Features: Smoke Alarm, Carbon Monoxide Alarm(s), Laundry Facility.

This property is listed by Jiryes Jarrous and can be reached at (888) 500-1948 or georgejarrous.c21@gmail.com.

JJ

Jiryes Jarrous

Agent at Century 21 Curran & Oberski

(888) 500-1948

Listed by Century 21 Curran & Oberski · View on Broker Site

MLS# 20261011112· Source: listhub· Updated 98 days ago

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44784 Woodward Avenue, Pontiac, MI 48341

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