11586 N Old 27
Property Description
Stolen Acres Resort on Horseshoe Lake offers a rare opportunity to own a turn-key Northern Michigan investment property with 8 charming lakeside cabins full of Up North character and updates. Seven of the cabins are four-season rentals, including one larger cabin currently used as caretaker living and another unit attached to a garage/workshop. Guests enjoy peaceful lakefront living with access to two docks, swim raft, kayaks, playground area, firepits, and ample parking. Located near snowmobile trails and year-round recreation, the property is just 2 miles from I-75, offering convenient access for travelers and vacationers. Whether you're looking to expand your portfolio, operate a family resort, or invest, Stolen Acres delivers strong income potential in a desirable recreational setting.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $950,000 |
| No. of Units: | 8 |
| Lot Size: | 4,077.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $118,750 |
| Property Website | Click Here |
| Number of Bedrooms: | 14 |
| Number of Bathrooms: | 8 |
ID: 3yd-WWMLSMI-201840145
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
1825 S Crawford Road
Mt Pleasant, Michigan
1825 S Crawford Road
Mt Pleasant, Michigan
1825 S Crawford Road
Mt Pleasant, MichiganBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout