93283 County Road 690, Dowagiac, MI 49047 (MLS # 23137201)

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PRICE $1,200,000 dsIDX morgage calculator
BEDS 5
BATHS 3
HOME SIZE 3,369 sqft
LOT SIZE 4.00 ac

Discover an extraordinary investment/business/vacation rental or friend and family compound opportunity with a history of cash flow and a recent complete overhaul! This one-of-a-kind property sits in the epicenter of Sister Lakes, just steps from the area's top attractions and directly across the street from the only public beach in town. For decades this almost 4 acre property operated as a seasonal campground (28 lots) but was recently purchased and has undergone a TOTAL overhaul. The property is now presented as a private short-term rental property for large groups that includes the completely updated 3,300 sq+. foot Great House, 4 stylish retro Airstreams with 2 of them being updated, 2 teepees, a pole barn ''game room'', completely renovated bathhouse and hot-tub for 8. Start generating revenue quickly as this property comes turnkey! All FF&E, property amenities, operating supplies and 4 Airstreams are INCLUDED in the sale price! There are multiple opportunities to generate additional income on this rare and valuable piece of commercial land. Pro formas with 3 different business models (using historical expense data and historical revenue data to forecast) are available upon request: (1) full property (Great House + Airstreams + Teepees) short-term rental (current model), (2) Great House short-term rental + 28 seasonal campground lots and (3) Great House short-term rental + nightly campground lot rentals. ALL 3 business models give ample opportunity to generate revenue. Don't miss this unique and exciting property in Sister Lakes! Read what our guests have said on Airbnb after our SOLD OUT summer with ALL 5-star reviews!

DAYS ON MARKET 214 LAST UPDATED 10/5/2023
YEAR BUILT 1900 COMMUNITY Southwestern Michigan - S
COUNTY Van Buren STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
School District Dowagiac


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
AMENITIES Community - Lake
AREA Southwestern Michigan - S
BASEMENT Crawl Space
CONSTRUCTION Vinyl Siding
GARAGE Yes
HEAT Forced Air, Natural Gas
LOT 4 acre(s)
LOT DIMENSIONS Irregular
SEWER Public Sewer
STORIES 2
STYLE Farm House
TAXES 6674
WATER Well
WATERFRONT DESCRIPTION All Sports, Public Access 1 Mile or Less
ZONING Commercial
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by R1 Property Group, Nate Paulus

Copyright 2024 MichRIC, LLC. All rights reserved.

Updated 5/6/24 1:33 AM PDT

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