Multifamily Housing
13436 Red Arrow Highway Sawyer, MI 49125
Details & Description
Price: $360,000
    Cash-flowing vacation rental for sale close to Lake Michigan in Harbor Country. Motivated Seller! Features two units: a 2,500 SF home & a 600 SF guesthouse, 900 SF unfinished basement. The property currently has occupancy for a total of 21 & parking for 20 vehicles. Estimated 7.9% capitalization rate for a year round short term rental operation. Financials available with signed confidentiality agreement. This is a turn-key operation, any items of sentimental value to the owner may be excluded from sale. Fenced back yard of 4,000 SF allows for outdoor events & 0.96-acre lot offers ample expansion opportunities. Zoned C-H (Commercial Mixed Use - Harbert Town Center) with grandfathered nonconforming residential use under a special land use permit. Lease-option contract available with seasonal rent adjustment. More interior photos available at - https://www.airbnb.com/rooms/4104093/photos/596353431?source_impression_id=p3_1600087026_C3M1owXC%2B11uT4qg
    Additional Photos
    Listing Agents
    Jonathon Hallberg

    O: 269-459-0438
    M: 269-301-1203
    jonathonh@naiwwm.com
    Joshua Jacobs

    O: 616-776-0100
    M: 914-374-2694
    joshuaj@naiwwm.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    13436 Red Arrow Highway

    Sawyer, MI 49125

    Listing ID: 230352
    • 13436 Red Arrow Highway Sawyer, MI 49125 | for Sale | Photo 1
    • 13436 Red Arrow Highway Sawyer, MI 49125 | for Sale | Photo 2
    • 13436 Red Arrow Highway Sawyer, MI 49125 | for Sale | Photo 3
    • 13436 Red Arrow Highway Sawyer, MI 49125 | for Sale | Photo 4
    13436 Red Arrow Highway | for Sale | Thumbnail 1
    13436 Red Arrow Highway | for Sale | Thumbnail 2
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    13436 Red Arrow Highway | for Sale | Thumbnail 4
    Building Size: 4,000 SF
    Lot Size: 0.960 AC
    Land Size: 41,817 SF
    Building $/SF: $90.00
    Land $/SF: $8.61
    Price
    $360,000
    Description

    Cash-flowing vacation rental for sale close to Lake Michigan in Harbor Country. Motivated Seller! Features two units: a 2,500 SF home & a 600 SF guesthouse, 900 SF unfinished basement. The property currently has occupancy for a total of 21 & parking for 20 vehicles. Estimated 7.9% capitalization rate for a year round short term rental operation. Financials available with signed confidentiality agreement. This is a turn-key operation, any items of sentimental value to the owner may be excluded from sale. Fenced back yard of 4,000 SF allows for outdoor events & 0.96-acre lot offers ample expansion opportunities. Zoned C-H (Commercial Mixed Use - Harbert Town Center) with grandfathered nonconforming residential use under a special land use permit. Lease-option contract available with seasonal rent adjustment. More interior photos available at - https://www.airbnb.com/rooms/4104093/photos/596353431?source_impression_id=p3_1600087026_C3M1owXC%2B11uT4qg

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     

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    Sawyer Area Market Trends

    Listing Demographics for 13436 Red Arrow Highway Sawyer, MI 49125

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population8903,3336,827
    Population Median Age605450
    Population by Age0-9 Yrs24 (2%)213 (6%)503 (7%)
    10-19 Yrs18 (2%)138 (4%)423 (6%)
    20-29 Yrs66 (7%)238 (7%)607 (8%)
    30-39 Yrs33 (3%)221 (6%)506 (7%)
    40-49 Yrs51 (5%)236 (7%)704 (10%)
    50-59 Yrs170 (19%)616 (18%)1157 (16%)
    60-69 Yrs186 (20%)803 (24%)1516 (22%)
    70+ Yrs341 (38%)867 (26%)1410 (20%)
    Median HH Income$72,557$71,349$66,039
    Total Household Income< 24K78 (17%)318 (19%)648 (20%)
    25-49K79 (17%)286 (17%)633 (19%)
    50-74K76 (17%)254 (15%)492 (15%)
    75-99K42 (9%)220 (13%)430 (13%)
    100-199K136 (30%)420 (25%)769 (24%)
    200K+33 (7%)129 (7%)211 (6%)
    Highest Education LevelNo Diploma4118351
    Diploma or GED2278391742
    Some College1074641032
    Assoc. Degree122315581
    Bachelors Degree1987091202
    Higher Degree162445674
    Total Housing Units1,0463,8896,422
    --Owner-Occupied4371,4892,750
    --Renter-Occupied7138433
    Owner-Occupied Values< 100K14158472
    100-199K129418831
    200-299K58288534
    300-399K84225325
    400-499K59157226
    500K+93242362
    Total Working Age Population8543,0296,078
    In Work Force3781,5893,457
    Not In Work Force4761,4402,622
    Workforce Employed3781,5333,295
    Workforce Unemployed156162
    Civlian Workforce3781,5893,457
    Military Workforce000
    Total Households4441,6273,183
    Family Households3451,1482,163
    Non-Family Households994791,020
    Married Couple3221,0061,793
    Other Family23142370
    Married w/Child21134331
    Single Male w/Child01545
    Single Female w/Child01457

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Michigan9,938,444-19,883,640+110,023,423+410,424,510
    Berrien County162,453-3156,813-2153,154+2156,590

    Total Working Age Population:

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    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 13436 Red Arrow Highway in Sawyer?
    The asking price for 13436 Red Arrow Highway is $360,000
    What is the building size of this Multifamily property in Sawyer, MI?
    The size of the building/unit at 13436 Red Arrow Highway in Sawyer is 4,000 square feet
    How much land does the Sawyer, MI property at 13436 Red Arrow Highway include?
    13436 Red Arrow Highway in Sawyer includes 0.960 acres of land
    What is the population within 1 mile of 13436 Red Arrow Highway in Sawyer?
    The population within 1 mile of 13436 Red Arrow Highway Sawyer, MI 49125 is 890 people.
    Who do I contact for questions about 13436 Red Arrow Highway?
    You should contact the listing agent, Jonathon Hallberg, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    South Bend Regional Airport (SBN) 19
    Chicago Midway International Airport (MDW) 58
    Chicago O'Hare International Airport (ORD) 66