93283 County Road 690, Dowagiac, MI

$1,200,000

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5

Beds

3

Baths

3,369

Square feet

3.93

Acres

About 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!

Features of 93283 County Road 690

MLS® # 23137201
Price $1,200,000
Bedrooms 5
Bathrooms 3.00
Full Baths 3
Square Footage 3,369
Acres 3.93
Year Built 1900
Type Residential
Sub-Type Single Family Residence
Style Farm House
Status Active

Community Information

Address 93283 County Road 690
Area Southwestern Michigan - S
City Dowagiac
County Van Buren
State MI
Zip Code 49047

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
# of Stories 2

School Information

District Dowagiac

Additional Information

Legal Long Legal - On File
New Construction No
Sewer Public Sewer
Water Well

Financial Details

Annual Property Tax $6,674
Tax ID # 801203212710
Taxable Value 127470.00

Listing Details

AgentNate Paulus
OfficeR1 Property Group

Listing Map

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