8372 S Mason Drive Active Save Request In-Person Tour Request Virtual Tour
Newaygo,MI 49337
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $125
Municipality Brooks Twp
MLS Listing ID 24045557
Full Baths 10
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1930
Annual Tax Amount $3,749
Tax Year 2024
Lot Size 2.060 Acres
Acres 2.06
Lot Dimensions 192x201x194x202
Property Description
Take a look! This motel/home and apartment combo has a long history of 100% occupancy and its combination of extensive recent updates and consistent profitable cash flow, makes this a more than attractive investment opportunity. 5 single rooms rent at $60 per night or $420 weekly, two double rooms rent at $65.00 per night and $455.00 weekly. The 1 bed 1 bath apartment rents at $70 per night, and $490.00 per week. The 3 bed 2 bath home currently houses the caretakers. All rooms have AC, and the house has central air and high speed internet. The motel has a brand new well, new carpet, and a new furnace. There is a full garage and supply room, and a linen and caretaken room. To much to list, call for more information!
Location
State MI
County Newaygo
Area West Central - W
Direction From Grand Rapids, MI take M37 North approx. 35 miles to the intersection of M82 East in Newaygo, MI. The M37 Motel will be on your right side just before the intersection. or https://maps.app.goo.gl/6rBdjVVVFah6kqDp9
Interior
Heating Forced Air
Inclusions Real Estate, Furniture
Exterior
Utilities Available Phone Available,Natural Gas Available,Electricity Available,Cable Available,Phone Connected,Natural Gas Connected,Electricity Connected,Cable Connected,Broadband
Waterfront No
View Y/N No
Building
Sewer Septic System
Water Well
Structure Type Wood Siding
New Construction No
Schools
School District Newaygo
Others
Tax ID 19-30-160-024
Acceptable Financing Conventional,Cash
Listing Terms Conventional,Cash