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    13041 M-32

    Atlanta, MI 49709
    • $200,000
    • STATUS: Active
    • ON SITE: 511 days
    • MLS #: 317083
    UPDATED: 177 min ago
    $200,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,877
      SQFT
    • $34
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    House, motel, cabin, & 87' of frontage on the Thunder Bay River. Gross rent is $6150/mo @ 100% occupancy running 80+% occupancy. Month-to-month guest agreement (easy eviction). 9 motel units rent: $500/mo (7) to $600 (2). Cabin @ $600/mo. House with attached reception office rents @ $800. House is 2-3 Bdr/1 Bth with private door into reception/office. On-site coin-operated laundry. ROI estimated at 17%. Land Contract: 25% down, Interest @ 8%, Amort. at 20.2 yrs = $1250/mo. pmt. 3 yr. Balloon Pmt. 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.

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    © 2021 Empire Access Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or CENTURY 21 Northland. Data last updated: 2021-01-22T23:32:50.37.

    www.c21northland.com/homes/98537509
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    13041 M-32 Atlanta, MI 49709

    • Price: $200,000
    • Status: Active
    • Updated: 177 min ago
    • MLS #: 317083
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    5,877
    SQFT
    $34
    $/SQFT
    Neighborhood:
    Atlanta
    County:
    Montmorency
    Area:
    Atlanta
    School District:
    Atlanta
    Property Description
    House, motel, cabin, & 87' of frontage on the Thunder Bay River. Gross rent is $6150/mo @ 100% occupancy running 80+% occupancy. Month-to-month guest agreement (easy eviction). 9 motel units rent: $500/mo (7) to $600 (2). Cabin @ $600/mo. House with attached reception office rents @ $800. House is 2-3 Bdr/1 Bth with private door into reception/office. On-site coin-operated laundry. ROI estimated at 17%. Land Contract: 25% down, Interest @ 8%, Amort. at 20.2 yrs = $1250/mo. pmt. 3 yr. Balloon Pmt. 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.
    Exterior Features

    Amount Of Frontage 87 Construction BrickConcrete BlockFrame Drive BlacktopGravel Lake Rvr Creek Strm Thunder Bay River Lot Size Dimensions 295X410x87x201x225 +/- Parking Parking Lot Road BlacktopPaved

    Interior Features

    Heat Air Forced AirNatural Gas Office Sq Ft 290.00

    Property Features

    Annual Gross Income 69000100.00 Average Utilities $775/Mo. Bus Invtry Descrip Motel - Month-To-MonthOccupants Are Guests Rather Than Renters. 9 Motel Units1 Cabin& 1 House. House Has Office. Business Information Business OpportunityIncome Property Current Zoning R-2 Electric On Site Extras FurnishedHigh VisibilityHighway AccessLandscapedLaundryLiving QuartersManager On-SiteStorage For Sale Or Rent Fs Gas On Site Internet Access Dsl Ownership Status Owner Present Potential Use MotelOfficeRental Sewer Septic Subdivision Or TR T30n R3e Tax Year 2019 Taxes $2696.85 Terms CashCash To New MortgageLand Contract Township City Village Avery Type Business Op Util Pd By Owner CableElectricFuelMaintenance Water Well

    Listing information © 2021 Water Wonderland Board of Realtors, Inc.


    © 2021 Empire Access Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or CENTURY 21 Northland. Data last updated: 2021-01-22T23:32:50.37.

     
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