104 W Houghton Lake Dr
- Strong Value Add Upside
- Increase Income by Marketing to Local Amenities on Airbnb
- 125' of Prestine Lakefront
Property Description
MOXIE Real Estate + Development is pleased to list 104 W. Houghton Lake Drive, a prime opportunity for hospitality and resort investors. The building boasts 17 units, formerly the home of Sully's on the Lake, one of the best restaurants on Houghton Lake. Located on Houghton Lake's East Bay, this property is poised to deliver outstanding returns for savvy investors looking to capitalize on the vibrant hospitality and resort market in Prudenville.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Hospitality |
| Price: | $1,199,999 |
| No. of Units: | 17 |
| Average Occupancy: | 21.46 |
| Year Built: | 1889 |
| Lot Size: | 0.26 Acres |
| Opportunity Zone: | No |
| Price per unit: | $70,588 |
| Property Website | Click Here |
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