Small cabin with a 6 unit Motel near Houghton Lake
Hospitality
for Sale
| Catylist Listing ID: |
30835733 |
| Property Subtypes: |
Bed & Breakfast, Motel, Vacation Rental(s), Other
|
| Number of Units: |
9 Units |
| Building Size (RSF): |
See Agent |
| Gross Building Area: |
See Agent |
| Sale Price: |
$119,900 |
| Unit Price: |
$13,322.22 Per Unit |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller, Purchase Money Mortgage |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/6/2023 |
Overview / Comments
|
Motel has (6) units with utility room. The property also has a small cabin 2 bedrooms (loft is considered 2nd bedroom) and 1 bath, log wood interior. This property could be bundled with the house on the Lake.
|
Additional Details
| Nearest MSA: |
Cadillac |
| County: |
Roscommon |
| Tax ID/APN: |
003-370-181-0000 |
| Retail Clientele: |
Business, Traveler, Tourist |
| Property Visibility: |
Fair |
| Largest Nearby Street: |
M-55 |
| Nearby Attractions: |
Houghton Lake |
| Total Number of Buildings: |
2 |
| Heat Type: |
Natural Gas |
| Internet Access: |
Cable |
| Water Service: |
Well |
| Sewer Type: |
Municipal |
| Legal Description: |
L-971 P-290 (L-890 P-579)223 LOTS 181 TO 184 IDLEWILD RESORT PP:003-370-178-1000. |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
1,094 |
4,232 |
8,985 |
| Median Age: |
50.03 |
49.78 |
51.56 |
| Households: |
534 |
1,955 |
4,193 |
|
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