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Seven-Cabin Rental Property

5358 Paw Paw Lake Road Coloma, MI 49038

New
5358 Paw Paw Lake Road, Coloma, MI, 49038
$1,125,000
For Sale
$1,125,000

Seven cabins on roughly one acre across two parcels, including on-site office and laundry facility conversion.

Lot Size1.00 Acre
Days on Market7

Property Features for 5358 Paw Paw Lake Road

General Information

Standard status
Active
Lot size
1.00 Acre
Property subtype
Business Opportunity

Building Details

Year Built
1935
Listing agency Ellsbury Group
Listed by Lane Moser · License #6501433695
Source Phgrealty
Added: Jul 17 Updated: Jul 22 at 10:35AM Checked: Jul 23 at 6:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ellsbury Group


Investment Insights

Based on property information with market context.

This for-sale residential income property features seven cabins constructed on approximately one acre across two parcels. The mix includes three 2-bedroom, 1-bath cabins and three 1-bedroom, 1-bath cabins, all currently operating as rentals. A seventh cabin is being converted into a dedicated office and on-site laundry facility intended to support streamlined operations for ownership.

The cabins are located on 5354 and 5358 Paw Paw Lake Road, just across the street from Paw Paw Lake. The property is described as operating as short-term rentals during the summer season and transitioning to longer-term rentals during the off-season.

According to the provided information, the property has an established rental history and is generating approximately $150,000 in annual gross rental income. The owners have invested in updates including heating and cooling system improvements, driveway paving, and renovations to the office and laundry center cabin.

Key Highlights

  • Seven‑cabin property built in 1935 on approximately 1 acre across two parcels (5354 and 5358 Paw Paw Lake Road).
  • Cabin mix includes three 2‑bed, 1‑bath units and three 1‑bed, 1‑bath units operating as rentals.
  • Seventh cabin is being converted into an office and on‑site laundry facility to support day‑to‑day operations.

Property Analytics

Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

Building Supply Restaurant Big Box & Wholesale Store Auto Repair Shop Real Estate Agency Auto Parts Store Nail Salon Garden Center Hair Salon Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Short term rental property - Seven cabins on roughly one acre across two parcels, including on-site office and laundry facility conversion.
Where is this short term rental property located?
The property is located at 5358 Paw Paw Lake Road Coloma, MI.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: Seven‑cabin property built in 1935 on approximately 1 acre across two parcels (5354 and 5358 Paw Paw Lake Road).; Cabin mix includes three 2‑bed, 1‑bath units and three 1‑bed, 1‑bath units operating as rentals.; Seventh cabin is being converted into an office and on‑site laundry facility to support day‑to‑day operations.
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