$815,000
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Address not provided Cement City, MI 49233
Multi-Family
Residence
Beds
Baths
Sq. Ft.
5
Acre
Lot
Property Activity
Time on Site
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**Seller will consider Land Contract terms** This property features 3 buildings with 14 motel rooms and a versatile apartment for a 15th room or Air BnB. Recent renovations and a new business model boosted average daily rates by 20% in May and 34% in June. The ranch home offers 2 beds, 1 bath, and a...n attached garage- perfect for a long term tenant/ STR or an owner-operator. Located a stone's throw from Lake Somerset, three other lakes within 2 miles (as well as the other 52 Lakes in the Irish Hills area), hotspot for visitors attending events at the Michigan International Speedway, Faster Horses Festival, various wedding and event venues, wineries, a charming cider mill, local parks, and renowned hunting spots. Ideal for investors seeking growth in a prime recreational area.
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Source MLS
MiRealSource
Originating MLS
Jackson Area Association of REALTORS
MLS#
70413197
Property Type
Multi-Family
Year Built
1950
Lot Size
5
Sewer
Septic
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