Snug Harbor Resort & Vacation Rentals

Retail-Commercial for Sale
Also listed as Hospitality, Special Purpose
Catylist Listing ID: 30182048
Property Subtypes: Mixed Use, Other
Building Size (RSF): 2,929 SF
Gross Land Area: 6 Acres
Sale Price: $399,000
Unit Price: $136.22 PSF
Ceiling: 8 ft.
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Snug Harbor Resort and Vacation Rentals
Usable Size (USF): 2,929 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/21/2018

Overview / Comments

Snug Harbor Resort & Vacation Rentals, is an 8-unit motel sitting on 6.01 acres which includes a 3 bedroom home with garage. It is located across the road from Snug Harbor Muskegon State Park Boat Launch in North Muskegon and approximately 1 mile from Lake Michigan Beach and Hiking Trails. The house and two of the units are heated with an outdoor wood boiler system in the winter. Check out their website at www.mysnugharbor.com.

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $4,905 (Annual)
Tax Value Improvements $118,625
Assessed Value - Total($) $118,625 (Annual)

Additional Details

Nearest MSA: Muskegon
County: Muskegon
Taxing Authority: Laketon Township
Tax ID/APN: 6109016400003700, 003510, 003310
Zoning: C1
Retail Clientele: General, Family, Traveler, Tourist, Recreation
Property Located Between: Weber & Peterson
Property Visibility: Good
Tenancy: Single Tenant
Year Built: 1952
Construction/Siding: Wood Frame
Exterior Description: Vinyl
Heat Type: Propane
Heat Source: Other
Air Conditioning: Other
Water Service: Well
Sewer Type: Septic

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 16,325 57,389
Median Age: 42.9 38.78
Households: 6,970 23,427
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.