216 s harrison road, houghton lake, MI 48629

Welcome to 216 S. Harrison Road-A unique income-generating property in Houghton Lake! Currently operating as a boutique hotel on just over 3 acres, this property presents a fantastic opportunity for owner-operators or investors seeking strong returns. With 6 fully renovated units, this hotel has been successfully operating over the last two summers, drawing vacationers who come for Houghton Lake’s year-round outdoor activities. The property also includes 4 units needing renovation (allowing for immediate expansion) and 2 pole barns. Additionally, there is a two-bedroom apartment unit with a private kitchen, living room, and bathrooms—ideal for extended stays or as an on-site residence. This apartment is currently undergoing renovation, adding even more potential for future income. Beyond its current operations, this property offers incredible potential for growth with the addition of 20-25 potential RV hookups on the surrounding 3 acres. The land is perfectly suited for RV camping, and with some infrastructure investments, you could attract an entirely new stream of summer campers. During the off-season, the property offers even more value by utilizing the land and pole barns for RV and boat storage during the winter. For investors, this property represents a rare opportunity. The boutique hotel is already established on platforms like Airbnb, with strong guest reviews, meaning you can begin to generate income immediately. By expanding the property to include RV camping and storage, you’ll further enhance its income potential while capitalizing on Houghton Lake’s popularity as a vacation destination. Houghton Lake is a premier location known for boating, fishing, snowmobiling, and hiking, drawing tourists year-round. The demand for short-term rentals and RV camping is strong in this region, and this property provides the perfect opportunity to meet that demand. With its established reputation, current operations, and potential for further development, this property is an ideal investment for those looking for immediate income and long-term value appreciation. This versatile property is ideal for those looking to step into a turnkey business or for investors seeking a high-yield asset. Don’t miss this rare opportunity to own a profitable business with multiple revenue streams, including short-term rentals, RV camping, and winter storage. Schedule a tour today and discover how you can maximize the potential of this one-of-a-kind property in Houghton Lake.

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Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Listing By: Travis Scott of EXP Realty, Phone: 888-501-7085