13041 M-32, Atlanta, MI
$200,000
5877 SqFt
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.
Property Details
Property Type | Commercial |
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Mls # | 317083 |
Property Subtype | Other |
Exterior Types | block |
Heating Fuels | natural gas |
Parking Types | parking lot |
Num Of Floors | 1.0 |
School District | Atlanta |
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Reviews
Very Happy with overall professional service and experience. Thank you
10/28/2023 - Gino R. Rea
Mike is extremely thorough and knows his business well. He caught several mistakes in form submitted and made sure they were corrected. He walked me through the entire process step by step...
Read more 10/03/2023 - Catherine Otto
Mike was extremely helpful acting as a buyer's agent for us when we made a land purchase. He made the process very easy and gave good advice on our offer. He handled everything very quickly and...
Read more 03/22/2023 - Kathleen M Cadwallader
Mike Heath was great to work with and made the process of selling my Mom’s cabin easy. He is very knowledgeable about the market; we had an accepted offer within two weeks and Mike walked us...
Read more 02/14/2023 - Tia Hammar
Mike was very knowledgeable and professional in determining the value of our home. Despite many challenges from our buyer’s agent, Mike continued to follow up and promptly answered our questions. ...
Read more 11/22/2022 - Judith Marie Norton
View more reviewsWe have sold a few homes and have been impressed by the agents we have used, but when it comes to Mike Heath, he is at a completely different level. His professionalism, follow up, marketing skills,...
Read more 11/22/2022 - Michael F. Norton
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