Mike Heath

Associate Broker, Gaylord Sales Manager
Coldwell Banker Schmidt Realtors, 700 W Main St, Gaylord, MI 49735
989-619-0400
Office: 989-732-6777
Licensed In: Michigan
License #: 6502404382

House, motel, cabin, & 87'' of frontage on the Thunder Bay River. Gross rent is $5750/mo. @ 100% occupancy (80% actual). Month-to-month guest agreement (easy eviction). 9 motel units rent: $475/mo to $525. Cabin @ $550/mo. House with attached reception office rents @ $750. House is 2-3 Bdr/1 Bth with private door into reception/office which has its own exterior entry; so capable of on-site owner/manager. Concrete RV pad with plumbing to septic could generate add''l income. On-site coin-operated laundry. Great opportunity to work from home with easy access to Pigeon River State Forest & Thunder Bay River frontage, or investors looking for cash flow. Conveys as currently equipped. Verification of sufficient funds or pre-approval letter prior to confirmation of showing request; 48 hr. notice.

Mike Heath

Associate Broker, Gaylord Sales Manager
Coldwell Banker Schmidt Realtors, 700 W Main St, Gaylord, MI 49735
989-619-0400
Office: 989-732-6777
Licensed In: Michigan
License #: 6502404382

House, motel, cabin, & 87'' of frontage on the Thunder Bay River. Gross rent is $5750/mo. @ 100% occupancy (80% actual). Month-to-month guest agreement (easy eviction). 9 motel units rent: $475/mo to $525. Cabin @ $550/mo. House with attached reception office rents @ $750. House is 2-3 Bdr/1 Bth with private door into reception/office which has its own exterior entry; so capable of on-site owner/manager. Concrete RV pad with plumbing to septic could generate add''l income. On-site coin-operated laundry. Great opportunity to work from home with easy access to Pigeon River State Forest & Thunder Bay River frontage, or investors looking for cash flow. Conveys as currently equipped. Verification of sufficient funds or pre-approval letter prior to confirmation of showing request; 48 hr. notice.