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Property view

93283 County Road 690, 
Dowagiac, MI 49047

$935,000


5

Beds


3

Baths


3,369

Sq Ft


Single Family

Sold

Listed by

Nate Paulus

R1 Property Group

574-276-6533

MLS#

23137201

Source:

MI GRAR

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About This Home

93283 County Road 690

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!

Home Facts

Single Family

3 Baths

5 Bedrooms

Built in 1900

Price Summary

1,200,000

$356 per Sq. Ft.

MLS #:

23137201

Sold:

June 21, 2024


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

3,369 Sq. Ft.


Structure

Structure

Building Area:

3,369 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

171,190


Finances & Disclosures

Finances

Price:

$1,200,000

Price per Sq. Ft:

$356 per Sq. Ft.

Source:MI GRAR
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