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Riviera Resort 104 W Houghton Lake Dr

26 Room Hotel Prudenville, MI 48651 For Sale

Investment Highlights

  • Easily Accessible through M-55, US-127, & I-75.
  • The Property is Made up of 17 Total Units w/ the Four Buildings, Comprised of Hotel Rooms, Cottages, Studios, & a Beach House
  • Michigan North Central Area is a Large Submarket & Contains Around 15,000 Rooms Spread over 273 Properties.
  • Beautiful Lake Frontage with Amazing Views of Private Houghton Lake
  • Sully’s on The Lake is One of the Best Restaurants on Houghton Lake with Lake Views & Family Style Dining.

Executive Summary

A prime opportunity for hospitality and resort investors. The building boasts exceptional facilities and amenities, promising a seamless and rewarding investment experience. With a strategic location and strong tenant demand, this property is poised to deliver outstanding returns for savvy investors looking to capitalize on the vibrant hospitality and resort market in Prudenville.

Property Facts

Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.14 AC
Building Size 16,304 SF
No. Rooms 26
No. Stories 1
Year Built 2014
Corridor Exterior

Amenities

  • Balcony
  • High Speed Internet Access
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 26 $103.95 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 003-585-001-0000
  • 003-345-001-0000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$745,392 CAD

zoning

Zoning Code C-W (Commercial Waterfront)
C-W (Commercial Waterfront)
  • Listing ID: 31939282

  • Date on Market: 2024-05-28

  • Last Updated:

  • Address: 104 W Houghton Lake Dr, Prudenville, MI 48651

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