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34082747
34082748

3358 N Us Highway 23, Oscoda, MI 48750

$1,595,000
3 days on market
Updated 3 days ago
Opportunity zone

3358 N Us Highway 23

Details
APN 02002220000600
Property Type Business for Sale, Hospitality (+3)
Sub Type Business and Building, Hotel (+4)
Square Footage 7,429
NOI $120,000
Year Built 1950
Acreage 0.730

Business for Sale | 7,429 SqFt

Marketing 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 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 The outdated septic system has been entirely removed, and the property is now fully connected to the City Sewer. 2.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!
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$120,000.00
$10,000.00/mo

Valuation Metrics

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DSCR
7.52%
Cap Rate
7.52%
ROI

Map

Zoning

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R-4 ResidentialSingle FamilyTourist Residential District
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Last updated Apr 30, 2026 For deeper zoning details, reports are available at Zoneomics

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