• Asking Price See Price
  • Estimated Value: $314,649
  • CHICAGO CEMENT CITY, MI 49233

  • 5 Baths
  • Single Family Home / Owner Financing

Property Details for CHICAGO St, CEMENT CITY, MI 49233

Features

Facts

Sale Type

This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.

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.

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Property Brokerage: Beiswanger and Risner RE Group 1331 Horton Rd. Jackson MI 49203
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All information provided is deemed reliable, but is not guaranteed and should be independently verified.