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6997 Lakeshore Road
Lexington, MI 48450
Asking Price
$547K
Asset Type
Motel Multifamily
Class
Class B
What's Special
Single Family Home + 7-Unit Motel <p>• <strong>Dual-Income Hospitality Asset</strong> – 7-unit motel plus separate 4-bedroom, 2-bathroom home offering multiple revenue streams (motel + short-term rental or owner-occupancy)</p><p>• <strong>Established Operating History</strong> – Vintage motel operating since the 1940s with repeat clientele and consistent seasonal performance</p><p>• <strong>Seasonal NOI of ~$70,000</strong> – Combined income from motel operations and short-term rental potential of the onsite home</p><p>• <strong
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NOI
$80,000
Cap Rate
14.63%
DSCR
2.46
Strong
Cash-on-Cash
28.97%
Monthly Payment
$2,705.763
Annual Cash Flow
$47,530.846
