About 5692 N Us 31 Highway Levering Motel
Terms Available! LOCATION NOT TO MISS~The Levering Motel features 13 total rentals, with 11 studio rooms, 1 larger corner unit, attached house/office unit, Paved open parking court, maintenance shed and on site coin-op laundry. 9.6% Cap Rate. Excellent rental history with high year round occupancy. Keep the building as individual rental units or convert back to motel for seasonal tourist income. B-2 zoning offers amazing potential opportunities for this 1 acre parcel. This high visibility location is just minutes to Pellston Airport, Mackinaw City, Casinos, Lakes and Parks. Step right in to this turnkey rental business and level up!
Features of 5692 N Us 31 Highway Levering Motel
| MLS® # | 468576 |
|---|---|
| Price | $495,000 |
| Square Footage | 4,760 |
| Acres | 0.00 |
| Year Built | 1971 |
| Type | Multi-Family |
| Sub-Type | Multifamily |
| Status | Active |
Community Information
| Address | 5692 N Us 31 Highway Levering Motel |
|---|---|
| City | Levering |
| County | Emmet |
| State | MI |
| Zip Code | 49755 |
Amenities
| Features | AC Wall Unit, Paved Road, Cable |
|---|---|
| # of Garages | 0.0 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Natural Gas, Electric Baseboard |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Slab |
Exterior
| Windows | Insulated |
|---|---|
| Roof | Asphalt Shingles |
| Construction | Wood Frame |
School Information
| District | Pellston |
|---|
Additional Information
| Zoning | B-2 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Sue Louiselle, Broker |
|---|