8230 Highland Road
White Lake,
MI
48386
Property Details
| List Price: |
$1,599,999 |
| Beds: |
-- |
| Baths: |
22 |
| Status: |
Active |
SqFt: |
17480 |
| Agency: |
Wilhelm & Associates |
Description/Comments
| Lot Size: |
1 acre(s) |
| Property Type: |
MultiFamily |
| Year Built: |
1957 |
| Notes: |
This is Michigan Hotels and Housing Co, Inc. <br />
This property located in White Lake, Michigan, is approximately 2<br />
acres wide extending from Highland Road at one end and Lake<br />
Pontiac at the other end. It has 133 feet of waterfront on the lake.<br />
Highland Road, also known as M59, has all the businesses lined up along it, most of which are within one mile of this motel including the Oakland International Airport, and a movie theatre. The State Recreational part is directly across the lake, three major Banks, Chase, Bank of America and Citizens, Walmart supercenter, Home depot and Lowes Home improvement (200 yards) many restaurants. So many people stay here and work which is why this motel is always full. There is also a party store and provision store next door which makes life very easy and convenient for tenants, just to name a few businesses nearby.<br />
It has a total of 32 rooms. Six of the rooms are assigned to the<br />
manager's residence which is secretly connected to the front<br />
office. Three of the rooms are used for storage and another 2<br />
consist of the mechanical rooms.<br />
The remaining 21 rooms which are being rented out consist of 13<br />
cabins, (one of which is a double cabin), and 8 motel rooms. One<br />
extra cabin is being used for storage, and can easily be converted<br />
bank to rental. Also, some of the six rooms assigned to the<br />
manager's residence can be converted into rentals for added<br />
value. There is also enough empty space to build 30 more motel<br />
rooms (with sufficient parking left) at the prompting of the city. The<br />
architect has already sketched the building plans and presented<br />
them to the city. We have our copies to hand over to any buyer. Property is being Sold As-IS. |
| MlsNumber: |
20240001799 |
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| Listing Provided By: |
Wilhelm & Associates, original listing |
| Name: |
Wilhelm & Associates |
| Phone: |
(248) 625-9500 |
| Office Name: |
Wilhelm & Associates |
| Office Phone: |
(248) 625-9500 |
| Agent Name: |
Thomas Wilhelm |
| Disclaimer: |
Copyright © 2024 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |
