615 S I 75 Business Loop, Grayling, MI 49738
sale
$899,999
|
Other
Courtesy Of 3DX Real Estate, LLC.
42705 Grand River Suite 201, Novi, MI
Rare turnkey opportunity offering diversifiedincome with on-site living. Property features four 2-bedroom condo-style apartments with attached garages, an additional 2-bedroom apartment with private entrance, a nd a comfortable 2-bedroom owner's residence. The hospitality operation includes 23 motel rooms, highlighted by 4 jacuzzi suites and 8 kitchenette units, ideal for nightly and extended-stay guests. A separate commercial building adds flexibility for rental income or business use. Guest-friendly amenities include a screen house, fire pit, and three BBQ grills. There is a large pole barn/garage with an upper level for storage or expansion. Property is well maintained with new roofs throughout and an underground sprinkler system, minimizing near-term capital needs. An excellent opportunity to live on site while operating a proven, income-producing property with strong cash flow and long-term upside.
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Property Features
- Age: Over 50 Years Old
- Amenities: Cable Ready
- Building Units: 28
- Exterior Type: Wood Siding
- Exterior Type: Aluminum Siding
- Floors: 2
- Heating System: Space Heater
- Legal Description: DIST;040 CITY/MUNI/TWP:GRAYLING TWP SEC/TWN/RNG/MER:SEC 06 TWN 26N RNG 03W COMM AT SE COR OF SEC 6 T26N R3W OF NW/4 O
- MLSID: 26002439
- Roof Type: Slate
- Rooms: Bathroom 8
- Rooms: Bathroom 9
- Rooms: Bathroom 6
- Rooms: Bathroom 7
- Rooms: Bathroom 4
- Rooms: Bathroom 5
- Rooms: Bathroom 2
- Rooms: Basement
- Rooms: Bathroom 3
- Rooms: Bathroom 14
- Rooms: Bathroom 13
- Rooms: Bathroom 16
- Rooms: Bathroom 15
- Rooms: Bathroom 10
- Rooms: Bathroom 21
- Rooms: Bathroom 20
- Rooms: Bathroom 12
- Rooms: Bathroom 23
- Rooms: Bathroom 11
- Rooms: Bathroom 22
- Rooms: Bathroom 1
- Rooms: Bathroom 18
- Rooms: Bathroom 17
- Rooms: Bathroom 19
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