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$815,000 for Sale
13990 e chicago, cement city, MI 49233
Property Description
**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 an 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.
General Information
Sale Price: $815,000
Price/SqFt:
Status: Active
MLS#: 70413197
City: somerset twp
Post Office: cement city
Schools: addison community schools
County: Hillsdale
Acres: 5
Lot Dim: 400X762
Bedrooms:
Bathrooms:
Acreage: 5 est.
Year Built: 1950
Features & Room Sizes
Basement: No
Heating: Forced Air
Heating: Forced Air
Tax, Fees & Legal
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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: CURTIS WATSON of BNR Real Estate Group
This listing last updated: Tue, September 03, 2024 at 7:18:02 PM EDT
MIRealSource Listing Data Last Updated On Tuesday, November 12 2024 at 2:17pm
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Listings presented by:
CURTIS WATSON
BNR Real Estate Group
Call: (517) 416-2787 |