C-241 Tahquamenon Suites Lodging

7967 N M-123
Paradise, MI
Offered at: $599,000
Listing Number: C-241
Bedrooms: 10
Bathrooms: 10
Building Size: 7816 Acres
Lot Size: 4.41 Acres
Property Type: Commercial
Property Status: For Sale
Property Features: 8 Rental Units, AC/Heat Mini Splits, Electric, Full Kitchens, Guest Laundry, Nearby Trail Access, On site living quarters, Paved parking lot, propane heat, Slab Foundation, Terms: Cash or Mortgage, Well & Septic
Description:

Catch the wave of tourism in the Upper Peninsula & retire with an income! This hospitality business is turnkey: start making money from day one. Successful and profitable Tahquamenon Suites Lodging features 8 rental units with kitchens, plus 1800 sq. ft. manager’s residence. Very high rate of occupancy and open year-round; highest-rated property in Paradise with strong online presence. Complete renovation of all buildings 2014 with new interiors, electrical, plumbing, heating. Included bedroom furniture was custom-made by a local craftsman; furnishings, equipment, linens are included in the sale. Includes the name, goodwill and future bookings. Cloud-based booking system w/third-party interface could be continued. Seller is a Michigan licensed real estate broker. Financials available.

Directions:  Property is located 0.4 mile south of the intersection of M-123 and Whitefish Point Rd (blinker light in Paradise) on M-123, west side of the road.

MLS:  19-1174