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Halfway Lake Cottages 16878 County Road 505 10 Room Hotel Newberry, MI 49868 $1,600,000 ($160,000/Room)
Investment Highlights
- Turn-key resort on Halfway Lake, 20 minutes north of Newberry
- 1,700± feet of shoreline on a private, no-motor lake
- Guest amenities include canoes, kayaks, boats, two docks, and a swim-friendly shoreline
- Three-bedroom, two-bath owner’s residence with lake views
- Eight rental cabins and a spacious guest house for rentals or visitor
- Popular with snowmobilers, ORV/UTV riders, and tourists visiting Tahquamenon Falls
Executive Summary
Resort with 8 cabins, a guest house, and main home with office in the front of the building. Resort located on Halfway Lake with approx. 1,700ft of frontage.
Property Facts
Amenities
- Fiber Optic Internet
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 9 | $169.00 | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $109,600 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$109,600
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Presented by
RE/MAX SuperiorLand
Halfway Lake Cottages | 16878 County Road 505
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