6191 Larson Rd, Fountain, MI 49410
This exceptional Michigan lakefront property offers 14 charming cabins, including thirteen two-bedroom and one single-bedroom unit, situated on the pristine shores of Blue Lake. Boasting 500 feet of sandy beach frontage, the resort provides direct lake access and a variety of recreational amenities, including kayaks, paddle boats, and ten fishing boats. Community spaces feature fire pits and picnic tables. The property is the largest unrestricted property on Blue Lake, offering a unique investment opportunity due to its exclusive nature; no other rentals are permitted on the lake. Nearby attractions include scenic hiking trails in Manistee and Ludington. The sale includes two properties: 6191 N Larson Rd and 5858 E Deer Rd, totaling 14 cabins. The asking price is $1,600,100. All information should be verified by the buyer. This is a rare opportunity to acquire a fully operational, established resort with significant potential for growth and profitability in a highly desirable location. The property's unique features, including its size and exclusive rental status, make it a truly exceptional investment.
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Blue Lake 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
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.