Confidential Offering Memorandum
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Courtyard Lansing Downtown • Lansing, MI
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Hodges Ward Elliott (“HWE”) is pleased to present the opportunity to acquire the fee-simple interest in the 122-room Courtyard Lansing Downtown (“Property” or “Hotel”). The Marriott-branded, premium select-service hotel, was recently constructed in 2021 and is located at 600 E. Michigan Avenue at the heart of downtown Lansing.
The Hotel is surrounded by Lansing's Stadium District, home to a variety of prominent government, university, healthcare, sports, and leisure demand generators. The Hotel is directly adjacent to Capital City Market and across from Jackson Field, the Hotel offers convenient walkable access to Michigan State University (2.4 miles), the Michigan State Capitol (0.6 miles), and University of Michigan Health–Sparrow Hospital (0.4 miles).
Built in 2021, the Property offers investors a modern Courtyard design that distinguishes it from much of Lansing's older lodging inventory. A new owner can expect minimal PIP requirements and avoid near-term disruption to operations, allowing for a focus solely on high ROI improvements to guest-facing areas. The Property also offers investors a compelling all-in basis relative to its rooms-revenue generation, and recent / current construction cost.
Courtyard Lansing Downtown
The Bistro
Guestroom
Communal Space
Fitness Center
Meeting SpaceThe fee-simple interest in the Courtyard is being offered free and clear of existing management and financing, affording new ownership maximum optionality in the future operation and capitalization of the Hotel.
Marriott International is arguably the strongest brand in the lodging industry, and Courtyard is one of its most widely recognized brands, often achieving outsized market share and investment returns for franchisees. At the time of publication, the Courtyard system includes more than 1,000 properties and 140,000 guestrooms across the United States and Canada.
Marriott provides a highly rated reservation system and access to more than 270 million active Marriott Bonvoy members. Marriott is known to have a tremendously loyal customer following and appeals to a variety of consumer segments that provide strong room-night demand every day of the week.
270M+ active Bonvoy members drive direct bookings and repeat stays through one of the world's largest travel loyalty programs, appealing to a variety of consumer segments across every day of the week.
Marriott is arguably the strongest brand in lodging, and Courtyard is one of its most widely recognized flags — often achieving outsized market share and investment returns for franchisees.
A highly rated reservation system and extensive channel reach deliver room-night demand across corporate, group, government, and leisure segments year-round.
More than 1,000 Courtyard properties and 140,000 guestrooms across the United States and Canada reinforce brand consistency and guest trust.
The Property is situated in Lansing's Stadium District, directly adjacent to Capital City Market and across East Michigan Avenue from Jackson Field, home of Lansing's Minor League baseball team. Guests also benefit from convenient access to Lansing Center, downtown restaurants and entertainment, the Grand River, and other downtown attractions.
The Property sits at the center of Lansing's Stadium District — steps from Capital City Market and Jackson Field, and within a short walk of the Michigan State Capitol and University of Michigan Health–Sparrow Hospital.
Hover a marker to highlight its location. Aerial imagery — distances approximate.
Located a short walk from the Property is University of Michigan Health–Sparrow Hospital, the Mid-Michigan region's only Level 1 Trauma Center for adult and pediatric patients and an additional source of lodging demand. The hospital generates room nights from patients and their families, traveling healthcare professionals, visiting physicians, vendors, trainees, and other health-system affiliates.
The Property benefits from its excellent central core location within the greater Lansing–East Lansing market and proximity to Michigan State University, one of the nation's largest public research universities and a major year-round lodging-demand generator. MSU reported a total of 51,838 students in Fall 2025, including an all-time record of 10,720 new undergraduates.
Located in the heart of Michigan's capital city, the Property benefits from lodging demand generated by the Michigan Legislature, executive agencies, courts, associations, lobbyists, contractors, and other organizations that regularly conduct business with state government. Its downtown location places guests near the Michigan State Capitol and the concentration of government offices surrounding the Capitol Complex.
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