Marcus & Millichap brokered the sale of a 94-room Holiday Inn Express & Suites in Sterling Heights, Michigan.
Michael Klar and Ebrahim Valliani, investment specialists in Marcus & Millichap’s Chicago Oak Brook office, in association with Paul Kerber, Marcus & Millichap’s Michigan broker of record, had the exclusive listing to market the property on behalf of the seller and procured the buyer, both private investors. The transaction received additional support from Allan Miller and Chris Gomes of the Miller-Gomes Hotel Team.
The four-story Holiday Inn Express & Suites is situated on 3.29 acres at 8515 15 Mile Road. Built in 2017, the hotel features amenities such as an indoor pool, fitness center, meeting space and business center. It is located just over 20 miles from downtown Detroit with access to the Van Dyke Expressway, Interstate 75 and M-59.
