Property summary
The property is a multi-family residential building in Onekama, Michigan, consisting of three apartments on a 0.47-acre site with 75 feet of frontage on Portage Lake, which connects to Lake Michigan. The unit mix includes two 1-bedroom apartments and one 3-bedroom apartment; the lakeside 3-bedroom unit has a covered deck and lake views. A sandy beach area with fire pits is located on the property. Washer and dryer hook-ups are available in two of the apartments. The property is configured with separate electric utilities suitable for individual long-term rental use, while water is provided by a well and sewer service is provided by the Village.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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