205 Pack St - Apartments FOR SALE


Oscoda, MI 48750
$1,450,000 USD
989-812-6249
205 Pack St, Oscoda, MI for Sale
$1,450,000 USD
Apartments - FOR SALE
1/27
null | Request Cap Rate

205 Pack St
Oscoda, MI 48750


HIGHLIGHTS

  • 12 Turnkey Units with private entrances and individual utilities
  • 7,688 total finished square feet across all buildings
  • 33 total bedrooms and 15 bathrooms
  • Historic charm dating back to 1948–1957, well-maintained with recent improvements
  • Several units have private decks and porches with views of the water
  • Beautiful natural wood finishes, vintage exteriors, and simple beach-style interiors

OVERVIEW

Cottage Cove | 205 Pack Street, Oscoda, MI 48750 Turnkey Lakefront Investment | 12 Cash-Flowing Units on Lake Huron Welcome to Cottage Cove, a rare, legacy waterfront investment opportunity on the sandy shores of Lake Huron in the heart of Oscoda, Michigan. Spanning just under an acre (0.828 acres) and offering an impressive 176 feet of pristine frontage, this charming, income-generating cottage resort features 12 fully-equipped units, ideal for vacation rental, boutique resort operation, or seasonal workforce housing. Property Highlights: 12 Turnkey Units with private entrances and individual utilities 7,688 total finished square feet across all buildings 33 total bedrooms and 15 bathrooms Mixture of 1-, 2-, and 3-bedroom cottages, including larger units up to 1,499 SF Historic charm dating back to 1948–1957, well-maintained with recent improvements Several units have private decks and porches with views of the water Beautiful natural wood finishes, vintage exteriors, and simple beach-style interiors Well and public sewer services in place Zoned Commercial R4-Improved (Class 201) — supports hospitality operations, as well as Multi-Family Ample guest parking and outdoor recreation space Located on a quiet street (Pack Street), steps from Oscoda’s downtown and pier Unit Breakdown (by size): Cottage Units range from 480 SF to 1,499 SF Larger units include multi-bedroom family-size homes with full kitchens Smaller, cozy cottages perfect for couples or small families Separate office/reception unit for streamlined operations Investment Opportunity: Cottage Cove is a proven income-producing asset with exceptional seasonal and year-round rental potential. Whether you’re looking to expand your short-term rental portfolio, develop a boutique hospitality brand, or preserve a beloved lakeside tradition, this property is ready to generate returns from day one. Zoning/Tax/Legal: Parcel ID: 063-034-400-013-00 Assessed Value (2025): $365,600 Taxable Value: $298,798 Zoning: Commercial / Industrial Legal Description available upon request Location Perks: Directly on Lake Huron’s sugar sand beach Minutes from Oscoda River, hiking trails, and Au Sable attractions Easy access to US-23 and regional airports Part of the thriving Oscoda Area Schools district Seller is open to cash/ conventional /and even seller financing option to include a discounted portfolio purchase option for the multiple listing that are up for sale. Please contact listing agent for more details. Also up for negotiation are 200 Pack Street, 203 Pack Street, and 7433/7432 N US-23 commonly known as Havenwood Shores.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$189 USD /SF

# OF UNITS

12

PRICE/UNIT

$120,833

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cottage Cove by Hunger & Ransom

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,719 SF

ZONING

Commercial R4

APN/PARCEL ID

063-034-400-013-00

ASK ABOUT THIS PROPERTY

Christopher ParkerChristopher Parker - eXp RealtyMore Info
989-812-6249

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Christopher ParkerChristopher Parker - eXp RealtyMore Info
989-812-6249

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.