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Property profile & analytics
OFF-MARKET
Residential income homes

11560 Breyman Hwy Tipton, MI 49287

1,140 SF 0.36 ac lot Built 1948
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a portfolio of five fully furnished, renovated lakefront condos in Tipton, Michigan. Located on the shores of Evan's Lake, each unit boasts approximately 1,140 square feet of living space spread across two stories, featuring gleaming granite countertops and inviting fireplaces. The condos offer versatile attic space, perfect for conversion into a cozy loft. Residents enjoy private dock slips, a boat launch, and a private beach area. The property sits on a 0.36-acre lot and is zoned residential. Additional amenities include covered porches overlooking the lake, designated parking, and planned garage or storage space additions anticipated for 2025. Built in 1948, this turnkey investment offers immediate income potential with its prime location and luxurious features. The property's APN is FR0-825-8001-00. This is a rare chance to acquire a high-demand, established multifamily property in a desirable lakeside setting. The asking price is $1,649,995. This all-sports lake offers a wealth of recreational opportunities. The property is conveniently located at 11560 Breyman Hwy, Tipton, MI 49287.

Property profile
Verified
Property type Residential income homes
Year built 1948
Total area 1,140 SF
Lot 0.36 ac (15,682 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Hideaway Cove Log Cabins & Resort Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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