South Haven, MI Offered for sale at $1,950,000
Looking for an amazing investment opportunity? This Five Star Boutique Hotel is a landmark of South Haven located directly across the street from the public beach with no access fee. The property consists of 3 parcels with main house and guest house totaling 10,137 SF, 18 bedrooms, each bedroom with their own private bath. 16 baths renovated in 2017/18. The apartment bath and kitchen renovated in 2018. Exterior grounds renovated in 2014 with a complete decor change in 2014 as well. The Yelton Manor is a destination spot for many famous people and is in PRISTINE condition! Walk to downtown South Haven’s parks, restaurants and shops. The Innkeeper Suite, currently not being used, has a full kitchen, dining room, living room, bedroom, bath and laundry. Currently open 12 weeks a year with a gross income over $300,000. Make your appointment for a private tour soon! Visit YeltonManor.com or see attached floor plans and virtual tour on the MLS. #19026522
- 18 Guest Rooms
- 18 Guest Room Baths
- Has Owner’s Quarters
- Built in 1990
- Last Renovated in 2018
- Opened in 1990
- Building is 6,875 SQFT
- Lot is 0.75 Acres
- Photo Gallery
- Property Website
- Offered for sale at $1,950,000
- Occupancy Rate: 53.5%
- Average Daily Rate: $339
- Annual revenue is $342,750
- Terms: Contact owner for further information
- Prequalify for Financing
