Furnished Waterfront Short-Term
6926 Aarwood Trail NW, Rapid City, MI 49676
For Sale
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A log home with guest accommodations for up to 20, a private dock, and direct Rapid River frontage.
Property Size2,526 SF
Lot Size2.20 Acres
Price / SF$352.34
Days on Market47
Property Features for 6926 Aarwood Trail NW
General Information
Standard status
Size
Lot size
Property subtype
Net Operating Income
Financials
Asking Price
Cap Rate
Gross Income
Additional Details
Furnished
Multifamily Units
Currently Operating
Amenities
vaulted ceilings
stone fireplace
treehouse-style interior bridge
screened porch
deck
private dock
firepit
kayaks
attached garage
EV charger
Building Details
Buildings
Construction
Listing Agency:
Exp Realty
Listed By:
Audrey Schultz · License #6501463146
(517) 745-0008
Source:
Crexi
Added: Sep 24
Changed: Nov 8
Last Checked: Nov 8 at 5:09PM
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 Exp Realty
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Investment Insights
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This furnished log home offers 2,526 square feet with three bedrooms, two bathrooms, and sleeping capacity for up to 20 guests. Interior features include vaulted ceilings, a stone fireplace, a bridge-style connection between interior spaces, and multiple areas for gathering and sleeping. A screened porch and large deck extend the living space outdoors. The property also includes a private dock, firepit, kayaks, an attached garage with an EV charger, and Adirondack-inspired furnishings.
Set on 2.2 wooded acres, the home has approximately 156 feet of frontage on the Rapid River, with access to the Lower Antrim Chain of Lakes. Torch Lake is approximately one mile away. The property has operated as a short-term rental since June 2021, and five years of operating history are available. Gross rental revenue in 2025 was $128,652, with NOI of $86,648 and a 9.74% cap rate.
Set on 2.2 wooded acres, the home has approximately 156 feet of frontage on the Rapid River, with access to the Lower Antrim Chain of Lakes. Torch Lake is approximately one mile away. The property has operated as a short-term rental since June 2021, and five years of operating history are available. Gross rental revenue in 2025 was $128,652, with NOI of $86,648 and a 9.74% cap rate.
Key Highlights
- 2,526 SF log home with 3 bedrooms, 2 bathrooms, and capacity for up to 20 guests
- 2.2 wooded acres with approximately 156 feet of Rapid River frontage
- Waterfront access to the Lower Antrim Chain of Lakes; Torch Lake is approximately one mile away
Property Analytics
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
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Business Placement
Demographics for 49676, MI
3,527
Population
2,470
Households
1.4
Avg Household Size
48
Median Age
31%
College-Educated
96%
High-School Grad
41.0 sq mi
ZIP Area
86
Density / Sq Mi
$67,479
Median Household Income
$41,117
Median Earnings
$951
Median Rent
$241,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Short term rental property - A log home with guest accommodations for up to 20, a private dock, and direct Rapid River frontage.
Where is this short term rental property located?
The property is located at 6926 Aarwood Trail NW Rapid City, MI.
What is the asking price?
The asking price for this property is $890,000.
What are key features of this property?
This property features: 2,526 SF log home with 3 bedrooms, 2 bathrooms, and capacity for up to 20 guests; 2.2 wooded acres with approximately 156 feet of Rapid River frontage; Waterfront access to the Lower Antrim Chain of Lakes; Torch Lake is approximately one mile away
