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Silver Sands Motel and RV Park 35541 M107 18 Room Hotel Ontonagon, MI 49953 $4,080,300 CAD ($226,683 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 |
$4,004,322
|
$364.03
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$35,175
|
$3.20
|
| Effective Gross Income |
$3,969,147
|
$360.83
|
| Taxes |
$10,552
|
$0.96
|
| Operating Expenses |
$3,229,065
|
$293.55
|
| Total Expenses |
$3,239,617
|
$294.51
|
| Net Operating Income |
$729,529
|
$66.32
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $4,004,322 |
| Annual Per SF | $364.03 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $35,175 |
| Annual Per SF | $3.20 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $3,969,147 |
| Annual Per SF | $360.83 |
| Taxes (CAD) | |
|---|---|
| Annual | $10,552 |
| Annual Per SF | $0.96 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $3,229,065 |
| Annual Per SF | $293.55 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $3,239,617 |
| Annual Per SF | $294.51 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $729,529 |
| Annual Per SF | $66.32 |
Property Facts
| Price | $4,080,300 CAD | Lot Size | 10.00 AC |
| Price Per Room | $226,683 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 | $4,080,300 CAD |
| Price Per Room | $226,683 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 | $113.97 CAD | - |
1 1
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 03-115-003-00 | Total Assessment | $385,264 CAD |
| Land Assessment | $0 CAD | Annual Taxes | $10,552 CAD ($0.96 CAD/SF) |
| Improvements Assessment | $0 CAD | Tax Year | 2026 |
Property Taxes
Parcel Number
03-115-003-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$385,264 CAD
Annual Taxes
$10,552 CAD ($0.96 CAD/SF)
Tax Year
2026
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Silver Sands Motel and RV Park | 35541 M107
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