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Updated over 2 years ago on .

User Stats

54
Posts
13
Votes
Shannon Vistisen
  • New to Real Estate
  • Michigan
13
Votes |
54
Posts

New Construction for an exceptional hospitality experience

Shannon Vistisen
  • New to Real Estate
  • Michigan
Posted

Investment Info:

Other other investment in Williamsburg.

Purchase price: $112,000
Cash invested: $12,000

Short-term Rental build out.

Building a modern cabin in the woods for families that want that outdoor experience in Northern Michigan.
- 6.62 acres
- Backs up to 1,000+ acres of public land
- Close to casinos, Traverse City downtown, numerous fresh water lakes

What made you interested in investing in this type of deal?

We couldn't find anything that would provide the opportunity for the service and experience that we want to provide.

How did you find this deal and how did you negotiate it?

We found the land, and now we're in the stages of designing the structure of the property.

How did you finance this deal?

We will be using a Construction Loan to bring this experience to life.