231-557-6160

321 W Johnson Road
Gaylord, MI 49735
MLS #289796

Commercial
    $450,000
    Est. P&I payment: $1718.7/mo
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    Description for 321 W Johnson Road, Gaylord, MI 49735
    3 years of full occupancy record. Great ROI for an investor. Operated as a extended stay motel with minimal management needs (weekly/monthly stays). Would have a much higher ROI if managed with more nightly/weekly stays. Well and Septic and no City Taxes with I-75 exposure and easy access. Charter Cable TV and Internet in all rooms. Wired for phones, but not used. Seller is a licensed Real Estate Broker.
    MLS #289796
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    My Notes for MLS #289796

    General Features

    • Property Type: D
    • Total Bldg SqFt.: 3,492.6
    • Lot Size Dimensions: 150x300
    • Zoning: B-2
    • Lake/Rvr/Creek/Strm: None
    • Barrier Free: Yes
    • In City Limits: No
    • # Units: 11
    • Year Remodeled: 2012
    • Levels: 1
    • Bus/Invtry Descrip: Operational Extended Stay Motel
    • Business Information: Annual Gross Income: 61,422
    • Business Information: Average Utilities: 1,000
    • Accessibility: Access-Main Flr Bath,​GrabBar Mn Flr Bath
    • Business Information: Business Opportunity,​Income Property
    • Construction: Frame
    • Extras: Furnished,​High Visibility,​Highway Access,​Kitchen Area,​Restroom (s),​Smoke Detectors,​Storage
    • Parking: Common,​Parking Lot,​Paved
    • Util Pd by Owner: Cable,​Electric,​Fuel,​Maintenance

    Exterior Features

    • Road: Blacktop,​Paved

    School Features

    • School District: Gaylord

    Utility Features

    • Internet Access: Cable
    • Electric: Master,​On Site
    • Gas: Master,​On Site
    • Heat/Air: Electric,​Zoned
    • Sewer: Septic,​Shared Septic
    • Water: Shared Well,​Well

    Miscellaneous Features

    • Branded Virtual Tour: http://idx.imprev.net/03782F07/20/147120/2532713/index.html
    • Drive: Blacktop

    Interior Features

    • Retail Sq Ft: 3,492.6
    • Basement: Poured Concrete Fnd,​Slab

    Financial Features

    • Taxes and Possession: Taxes: W:$566.26 S:$701.14
    • Taxes and Possession: Tax Year: 2012
    • Taxes and Possession: Special Assessments: No

    Location

     
    Street View Not Available
    Directions to 321 W Johnson Road, Gaylord, MI 49735
    Old 27 S to Lft on W Johnson Rd to property on Rt. Or from I-75: N on Old 27 to Rt on W Johnson Rd to property on Rt.
    The listing information for 321 W Johnson Road, Gaylord, MI 49735 was graciously provided by our friends at the listing brokerage, RE/MAX Up North

    Get Financing for 321 W Johnson Road, Gaylord, MI 49735

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    P&I Payment $1718.7
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    Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty Premier's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty Premier, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
    Last Updated 10/23/2017 at 10:40am
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