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Silver Sands Motel and RV Park 35541 M107 18 Room Hotel Ontonagon, MI 49953 $4,031,783 CAD ($223,988 CAD/Room)
Investment Highlights
- Brand New Convenience Store/Gas Station/Off sale Liquor store is being conpleted in fall of 2025
- 14 Pull Thru RV sites now completed with room for another 20 with Water and Electric
- New Group Pravillion to be completed in fall of 2025 with RV shower building
Executive Summary
Silver Sands Motel and RV Park offers an outstanding opportunity to acquire a multi-revenue hospitality property on Michigan’s Upper Peninsula. Located on a 10-acre parcel along Lake Superior, the property includes 18 motel rooms, a remodeled three-bedroom home, and a newly developed RV park with 14 pull-through sites and utilities, plus room for 20 more. A new convenience store, gas station, and liquor outlet are near completion, enhancing overall income potential. Its proximity to Porcupine Mountains Wilderness State Park and local attractions makes it a year-round destination for outdoor enthusiasts.
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$3,956,708
|
$359.70
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$34,757
|
$3.16
|
| Effective Gross Income |
$3,921,952
|
$356.54
|
| Taxes |
$10,427
|
$0.95
|
| Operating Expenses |
$3,190,670
|
$290.06
|
| Total Expenses |
$3,201,097
|
$291.01
|
| Net Operating Income |
$720,855
|
$65.53
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $3,956,708 |
| Annual Per SF | $359.70 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $34,757 |
| Annual Per SF | $3.16 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $3,921,952 |
| Annual Per SF | $356.54 |
| Taxes (CAD) | |
|---|---|
| Annual | $10,427 |
| Annual Per SF | $0.95 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $3,190,670 |
| Annual Per SF | $290.06 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $3,201,097 |
| Annual Per SF | $291.01 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $720,855 |
| Annual Per SF | $65.53 |
Property Facts
| Price | $4,031,783 CAD | Lot Size | 10.00 AC |
| Price Per Room | $223,988 CAD | Building Size | 11,000 SF |
| Sale Type | Investment or Owner User | No. Rooms | 18 |
| Sale Condition | Business Value Included | No. Stories | 1 |
| Property Type | Hospitality | Year Built/Renovated | 1950/2021 |
| Property Subtype | Hotel | Parking Ratio | 3.38/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | commercial - Commercial | ||
| Price | $4,031,783 CAD |
| Price Per Room | $223,988 CAD |
| Sale Type | Investment or Owner User |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 10.00 AC |
| Building Size | 11,000 SF |
| No. Rooms | 18 |
| No. Stories | 1 |
| Year Built/Renovated | 1950/2021 |
| Parking Ratio | 3.38/1,000 SF |
| Corridor | Exterior |
| Zoning | commercial - Commercial |
Amenities
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
About 35541 M107 , ONTONAGON, MI 49953
The property spans approximately 11,000 square feet and has been renovated to combine contemporary amenities with a relaxed lakeside atmosphere. In addition to the motel and RV accommodations, guests benefit from free Wi-Fi, high-speed internet access, ample parking, and a smoke-free environment. Planned upgrades include a group pavilion and RV shower facilities to support growing visitor demand. Positioned along State Highway M107 for excellent visibility and accessibility, this property is well-suited for investors seeking stable income and expansion opportunities in a popular tourism region.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 18 | $112.61 CAD | - |
1 1
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 03-115-003-00 | Total Assessment | $197,335 CAD (2025) |
| Land Assessment | $0 CAD (2025) | Annual Taxes | $10,427 CAD ($0.95 CAD/SF) |
| Improvements Assessment | $0 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
03-115-003-00
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$197,335 CAD (2025)
Annual Taxes
$10,427 CAD ($0.95 CAD/SF)
Tax Year
2026
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Silver Sands Motel and RV Park | 35541 M107
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