REIT Property
This property belongs to Service Properties Trust, Inc. (SVC). To learn more about this REIT or see other properties that belong to SVC, please visit their profile.
Sonesta Select
Hotels
Property Address
Address: 42700 West Eleven Mile RoadCity: Novi
State: MI
ZIP Code: 48375
Country: United States
About REIT
Name: Service Properties Trust, Inc.Symbol: SVC
Below are the average cap rates per property type for the city of Novi, MI provided by CapRateIndex. The cap rate is updated frequently. To learn more, please visit CapRateIndex.
| City | State | City Cap Rate | Single-Family Cap Rate | Multi-Family Cap Rate | Retail Cap Rate | Office Cap Rate | Industrial Cap Rate | Specialty Cap Rate |
|---|---|---|---|---|---|---|---|---|
| Novi | MI | 7.09 | *Requires Professional Pass | *Requires Professional Pass | *Requires Professional Pass | *Requires Professional Pass | *Requires Professional Pass | *Requires Professional Pass |
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