Dowagiac, MI 49047,93283 County Road 690
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Dowagiac, MI 49047,93283 County Road 690
Dowagiac, MI 49047,93283 County Road 690
Dowagiac, MI 49047,93283 County Road 690
Dowagiac, MI 49047,93283 County Road 690

$1,200,000

Est. payment /mo
Est.Price: ?

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93283 County Road 690 Dowagiac, MI 49047

5 Beds

3 Baths

3,369 SqFt

SOLD DATE : 06/21/2024

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Sold

Purchase Type For Sale

Square Footage 3,369 sqft

Price per Sqft $277

MLS Listing ID 69023137201

Style Farmhouse

Bedrooms 5

Full Baths 3

Year Built 1900

Lot Size 3 Sqft

Property Sub-Type SingleFamilyResidence

Property Description

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.Startgenerating 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!

Location

State MI

County Vanburen

Area Area80151Keelertwp

Interior

Heating ForcedAir, NaturalGas

Cooling CentralAir

Exterior

Parking Features Detached

Waterfront Description AllSportsLake, Lake, PublicLake, WaterAccessRights

View Y/N No

Building

Foundation CrawlSpace

Sewer PublicSewer

Water Well

New Construction No

Schools

School District Dowagiacunion

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Realcomp MLS
Listed by Nate Paulus of R1 Property Group
Bought with R1 Property Group
Charles Laird

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

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