NOT LISTED FOR SALE

3358 N Us Highway 23 Au Sable, MI 48750

Estimated Value: $1,246,220

24 Beds
13 Baths
13,400 Sq Ft
$93/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $1,100,000 $82 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $8,270/month

24 Days on Market

Highlights

  • Beach Front
  • Cottage
  • Patio
  • Lake Privileges
  • Balcony
  • 1-Story Property

About This Home

As of July 2022

If you have been looking for a proven, consistent revenue stream, your search is now over! Aloha Beach Club is a turnkey resort located on gorgeous Lake Huron. The property features thirteen updated cabins on over 150 feet of sugar sand beach. Weekly rentals during the summer and monthly rentals in the winter mean you are making money all year round. All cabins have keyless entry, flatscreens, standalone air conditioning units and eleven have tankless water heaters. The property also features a tiki bar and two electric vehicle charging stations. If that is not enough, the sale also includes two jet skis and a camper! All the work is done, just step in and start making money! Call me today to set up a showing!

Last Agent to Sell the Property

Benjamin Corcoran

Century 21 Metro Brokers License #6501395931 Listed on: 05/21/2022

Century 21 Metro Brokers

Last Buyer's Agent

Benjamin Corcoran

Century 21 Metro Brokers License #6501395931 Listed on: 05/21/2022

Century 21 Metro Brokers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1965 | Remodeled in 2021

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 151x189x200x220
  • Beach Front
  • 151 Feet of Waterfront
  • Lake Front
  • Private Entrance

Home Design

  • Cottage
  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation
  • Asphalt Roof
  • Chimney Cap
  • Vinyl Construction Material

Interior Spaces

  • 13 Full Bathrooms
  • 13,400 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Parking

  • 20 Parking Spaces
  • Lighted Parking

Outdoor Features

  • Seawall
  • Lake Privileges
  • Balcony
  • Patio
  • Exterior Lighting

Utilities

  • Wall Furnace
  • Back Up Electric Heat Pump System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 02002220000600

Community Details

Overview

  • 13 Units

Recreation

  • Water Sports

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,158

Year Built

Built in 1965 | Remodeled in 2021

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Cottage
  • Architecture Level: 1 Story
  • Year Built: 1965
  • State Equalized Value: 259900.0000
  • Year Renovated: 2021
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 13.00
  • Full Bathrooms: 13
  • Sq Ft Combined: 13400
  • Total Sq Ft: 13400

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Lake Huron
  • Waterfront: Yes
  • Foundation Details: Crawl, Slab
  • Construction Materials: Brick, Vinyl, Wood
  • Exterior Features: Playground, Chimney Cap(s), Lighting, Private Entry
  • Foundation Materials: Block
  • Frontage Feet: 220
  • Porch Type: Balcony, Patio
  • Road Frontage Type: Paved
  • Sideof Street: E
  • Water Frontage Feet: 151.00
  • Waterfront Description: Beach Front, Beach Access, Direct Water Frontage, Lake Front, Lake Privileges, Water Front

Garage/Parking

  • MF Parking: Lighted
  • Total Parking Spaces: 20

Utilities

  • Heating Fuel: Electric
  • Heating: Wall/Floor Furnace
  • Sewer: Septic Tank (Existing), Sewer at Street
  • Water Source: Well (Existing), Water at Street

Schools

  • School District: Oscoda

Lot Info

  • Lot Size Area: 0.75
  • Lot Dimensions: 151X189X200X220
  • Parcel Number: 02002220000600
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 10000

Tax Info

  • Tax Amount Summer: 8038.0000
  • Tax Amount Winter: 3120.0000
  • Total Tax: 11158.0000
  • Taxable Value: 259900.0000

Multi Family

  • Waterfront Features: All Sports Lake, Sea Wall, DIRFRT
  • Gross Scheduled Income: 120000.00
  • Number Of Units Total: 13
  • Unit Count: 1
  • Number of One Bedroom Units: 2
  • Number of Three Bedroom Units: 2
  • Number of Two Bedroom Units: 8
  • Number Of Units Leased: 13

MLS Schools

  • School District: Oscoda

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2022
Closed on
Jul 15, 2022
Sold by
Aloha Beach Club Resort Llc
Bought by
Sunrise Capital Fund Llc
Seller's Agent
Benjamin Corcoran
Century 21 Metro Brokers
Buyer's Agent
Benjamin Corcoran
Century 21 Metro Brokers
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Current Estimated Value
$1,246,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,220
Avg. Annual Appreciation
3.37%

Purchase Details

Closed on
Oct 2, 2020
Sold by
Sunrise Jt Llc
Bought by
Aloha Beach Club Resort

Purchase Details

Closed on
Jan 11, 2016
Sold by
Richardson Terry E
Bought by
Sunrise Jt Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sunrise Capital Fund Llc $1,100,000 None Listed On Document
Aloha Beach Club Resort $600,000 None Available
Sunrise Jt Llc $363,750 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $1,100,000 -8.3% $82 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
05/21/2022 05/21/22 For Sale $1,200,000 -- $90 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,764 $488,700 $51,600 $437,100
2024 $15,469 $424,900 $0 $0
2023 $10,734 $348,000 $115,700 $232,300
2022 $11,200 $259,900 $115,700 $144,200
2021 $11,189 $259,900 $115,700 $144,200
2020 $11,357 $267,600 $115,700 $151,900
2019 $11,755 $275,400 $115,700 $159,700
2018 $12,072 $282,300 $115,700 $166,600
2017 $11,233 $283,100 $117,300 $165,800
2016 $7,616 $283,100 $0 $0
2015 -- $285,400 $0 $0
2014 -- $276,000 $0 $0
2013 -- $276,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220039149

Realcomp

APN: 020-022-200-006-00