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$ 1,595,000
Est. payment /mo
New
3358 N US 23 Oscoda, MI 48750
1 Bed
1 Bath
13,400 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 13,400 sqft
Price per Sqft $119
Municipality Au Sable Twp
Subdivision Au Sable Twp
MLS Listing ID 20261050813
Bedrooms 1
Full Baths 1
Year Built 1950
Annual Tax Amount $18,257
Property Sub-Type Condominium
Source Realcomp
Property Description
Discover an unparalleled waterfront investment opportunity on the shores of Lake Huron. The Aloha Beach Club is a fully operational, income-generating retreat boasting 13 well-appointed cottages, comprising of 27 beds and 13 baths, and nestled along 150 feet of pristine, sugar-sand beachfront.This property operates on a highly successful, year-round business model—commanding premium weekly rates during the vibrant summer season and securing steady monthly tenancy throughout the winter. With major infrastructure projects recently completed, this property offers immediate cash flow alongside incredible potential for future growth.The current owners have heavily invested in future-proofing the property, eliminating deferred maintenance and upgrading key utilities:1. The outdated septic system has been entirely removed, and the property is now fully connected to the City Sewer.2. A comprehensive upgrade of the electrical systems across all 13 cottages was completed in 2024.3. Brand-new composite decking and extensive walkways have been installed throughout the grounds, providing a polished, low-maintenance aesthetic.4. The sale includes fully finalized architectural drawings for a complete cottage remodel. These plans are strategically designed to enhance guest amenities and maximize energy efficiency—lowering off-season overhead while driving up your nightly RevPAR (Revenue Per Available Room).The 13 cottages are outfitted for modern travelers. Every cabin includes smart keyless entry, flat-screen televisions, and dedicated standalone air conditioning. Eleven of the units are also equipped with efficient tankless water heaters.There is 150+ feet of private beach access, BBQ equipment and fire pits, and two electric vehicle (EV) charging stations to attract eco-conscious guests.Schedule your private tour of the Aloha Beach Club today and secure your piece of Lake Huron beachfront!
Location
State MI
County Iosco
Direction East side of N US 23 and South of Rollin Hill Court
Rooms
Basement Crawl Space
Interior
Heating Forced Air
Exterior
View Y/N No
Garage No
Building
Story 2
Sewer Public
Water Public
Structure Type Wood Siding
Schools
School District Oscoda
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition {"Other":true}
Listed by Onyx Real Estate Solutions