11560 Breyman Hwy Tipton, MI 49287
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.
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Hideaway Cove Log Cabins & Resort Hotel & Motel Resort
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.