13436 Red Arrow Highway

Chikaming Twp, Michigan49125


3 Bedrooms | 2 baths | 2500 sqft | MLS# 66020005542



Sold $360,000

contact:
313.283.1873  Office

Description

Cash-flowing vacation rental close to Lake Michigan in Harbor Country. Motivated seller! Features 2 units: a 2,500 SF home, 600 SF guesthouse, 900 SF unfinished basement. The property has occupancy for 21 & parking for 20 vehicles. Estimated 7.9% capitalization rate. Financials available with signed confidentiality agreement (see documents). This is a turn-key operation, any items of sentimental value to the owner may be excluded from sale. Fenced back yard of 4,000 SF for outdoor events & 0.96-acre lot offers ample expansion opportunities. Zoned C-H (Commercial Mixed Use - Harbert Town Ctr) with grandfathered special land use permit for residential. Lease-option contract available with seasonal rent adjustment. Interior photos available on AirBnB (see agent remarks for link)