Manilak Resort
Developer Rights with Multi units on Big Manistique Lake!
Marketing description
Rare Investment Opportunity – Turnkey Lakefront Portfolio Discover an exceptional investor package featuring five fully furnished cabins with 637 feet
of shared frontage on Big Manistique Lake—an all-sports lake known for boating, fishing, and recreation. There are two additional parcels included that total about 15
acres. This offering includes developer rights, giving you control over the existing Homeowners Association, plus Condo Units 2, 3, 10, 11, and 12, totaling
approximately 5,500 square feet of living space. Also included are buildable Lots 15 and 16 and two larger adjoining parcels, providing room for future expansion or
additional development. Big Manistique Lake is one of the Upper Peninsula’s most sought-after destinations for outdoor living, offering year-round income potential and
endless recreation. Financial statements are available with a signed NDA.
Investment highlights
Developer’s rights included due to more than 50% ownership. Developer received 30% rental income for managing all the other units plus expenses.
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
