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Campau Lake Culdesac Rental Properties 4 Specialty Properties Offered at $3,295,000 in Alto, MI
Investment Highlights
- We have 4 houses in a row on 2 lakes on one culdesac and 1-2 houses zoned R2 perfect for rebuild and adding houses already renting cash flow
- Corporate Retreat & Event Destination!
- We have over 20 years of rentals and customers to make this a seamless move as you add other houses and rebuild them.
Executive Summary
?? LAKEFRONT VACATION RENTAL PORTFOLIO FOR SALE ??
A once-in-a-lifetime opportunity to own FOUR lakefront homes together on one private cul-de-sac just 10 minutes from the Grand Rapids Airport!
Price $3.5m cap rate 7.5-8.5
? 4 Waterfront Homes
? Two Homes on Double Lots
? Established Vacation Rental Income
? Private Family Compound Potential
? Corporate Retreat & Event Destination
? Prime West Michigan Location
Imagine owning an entire lakefront compound where parents, children, and grandchildren can all live, vacation, and create memories together while maintaining their own private homes.
Or continue operating this proven income-producing vacation rental business with multiple homes, multiple revenue streams, and endless growth potential.
This rare property package offers privacy, waterfront living, investment income, and a location that simply cannot be duplicated.
?? Near Grand Rapids, Michigan
?? 10 Minutes to GRR Airport
?? Lakefront
?? 4 Homes Together
?? Income-Producing Opportunity
SERIOUS INQUIRIES ONLY
Boardwalk Realty & Management
?? Call or Text 616-437-1687
A once-in-a-lifetime opportunity to own FOUR lakefront homes together on one private cul-de-sac just 10 minutes from the Grand Rapids Airport!
Price $3.5m cap rate 7.5-8.5
? 4 Waterfront Homes
? Two Homes on Double Lots
? Established Vacation Rental Income
? Private Family Compound Potential
? Corporate Retreat & Event Destination
? Prime West Michigan Location
Imagine owning an entire lakefront compound where parents, children, and grandchildren can all live, vacation, and create memories together while maintaining their own private homes.
Or continue operating this proven income-producing vacation rental business with multiple homes, multiple revenue streams, and endless growth potential.
This rare property package offers privacy, waterfront living, investment income, and a location that simply cannot be duplicated.
?? Near Grand Rapids, Michigan
?? 10 Minutes to GRR Airport
?? Lakefront
?? 4 Homes Together
?? Income-Producing Opportunity
SERIOUS INQUIRIES ONLY
Boardwalk Realty & Management
?? Call or Text 616-437-1687
Taxes & Operating Expenses (Actual - 2023) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
$99,999
|
| Vacancy Loss |
$99,999
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $3,295,000 | Status | Active |
| Price / SF | $360.31 / SF | Number of Properties | 4 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 8% | Total Building Size | 9,145 SF |
| Sale Type | Investment | Total Land Area | 1.17 AC |
| Price | $3,295,000 |
| Price / SF | $360.31 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 8% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 9,145 SF |
| Total Land Area | 1.17 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 8764 Garbow Dr SE, Alto, MI 49302 | Specialty | 6,000 SF | 2004 | - |
| 8778 Garbow Dr SE, Alto, MI 49302 | Specialty | 1,616 SF | 1940 | - |
| 8770 Garbow Dr SE, Alto, MI 49302 | Specialty | 765 SF | 1940 | - |
| 8796 Garbow Dr SE, Alto, MI 49302 | Specialty | 764 SF | 1958 | - |
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Campau Lake Culdesac Rental Properties
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