Four-Season Resort with River
6841 Brown Bridge Road Unit SourceFi Traverse City, MI 49696
For Sale
$3,500,000
Four-season resort offering 15 motel units, restaurant with liquor license, campsites, and 1,300 feet of private Boardman River frontage.
Property Size10,404 SF
Lot Size40.00 Acres
Price / SF$336.41
Days on Market317
Property Features for 6841 Brown Bridge Road Unit SourceFi
General Information
- Standard status
- Active
- Size
- 10,404 SF
- Lot size
- 40.00 Acres
- Property subtype
- Business Opportunities
Building Details
- Year Built
- 1965
Listing Agency:
REMAX Bayshore - Union St TC
(231) 883-4921
Listed By:
Christina Ingersoll · License #6501279134
(231) 883-4921
Source:
Xome
Added: Sep 13, 2025
Changed: Jul 25
Last Checked: Jul 26 at 3:31AM
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 REMAX Bayshore - Union St TC
Investment Insights
Based on property information with market context.
Ranch Rudolf is a four-season, 40-acre resort property in the Boardman Valley with on-site lodging, dining, and recreation. The resort features 15 motel units and a private house, along with a full-service restaurant with seating for 147 guests and a liquor license. Meeting and group facilities include a 55-person meeting room and a pavilion/game room that holds 113 people, plus 25 campsites with restroom and shower buildings. Outdoor and water recreation are supported by a canoe, kayak, and inner tube livery, and on-site conveniences include a laundry room, garage, and linen storage building. Guests also have access to an underground heated swimming pool and two stocked trout ponds.
The property is situated along the Boardman River with 1,300 feet of private frontage, surrounded by the Pere Marquette State Forest. Seasonal opportunities include canoe and tube rentals in the summer, and winter snowmobiling with direct access to 100 miles of groomed trails in Grand Traverse County, along with nearby cross-country skiing access. The property is reported as 16 miles from downtown Traverse City.
The property is situated along the Boardman River with 1,300 feet of private frontage, surrounded by the Pere Marquette State Forest. Seasonal opportunities include canoe and tube rentals in the summer, and winter snowmobiling with direct access to 100 miles of groomed trails in Grand Traverse County, along with nearby cross-country skiing access. The property is reported as 16 miles from downtown Traverse City.
Key Highlights
- 40‑acre four‑season resort in Traverse City, Michigan on the banks of the Boardman River.
- 1,300 feet of private Boardman River frontage plus canoe, kayak, and inner tube livery.
- 15 motel units plus a private house for on‑site lodging.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $197.3k | $18.96 |
| − Vacancy | −$11.8k | −$1.14 |
| EGI | $185.4k | $17.82 |
| − OpEx | −$46.4k | −$4.46 |
| NOI | $139.1k | $13.37 |
10,404 SF · lease $18.96/SF/yr · vacancy 6.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.99M
$1.74M – $2.32M
NOI $139,068 @ 7.0% cap · market cap 3.97%
Second Best
Hotel Hospitality
$1.12M
$978.5K – $1.30M
NOI $78,280 @ 7.0% cap · market cap 2.24%
Theoretical Best
Office A
$2.26M
$1.98M – $2.64M
NOI $158,207 @ 7.0% cap · market cap 4.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Ranch Rudolf Inc
Hotel & Motel
FAQs
What type of property is this?
Resort - Four-season resort offering 15 motel units, restaurant with liquor license, campsites, and 1,300 feet of private Boardman River frontage.
Where is this resort located?
The property is located at 6841 Brown Bridge Road Unit SourceFi Traverse City, MI.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 40‑acre four‑season resort in Traverse City, Michigan on the banks of the Boardman River.; 1,300 feet of private Boardman River frontage plus canoe, kayak, and inner tube livery.; 15 motel units plus a private house for on‑site lodging.
