Yelton Manor


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



Property Details
  • 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
Financial Details
  • 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
Contact Information