6926 Aarwood Trail NW - Hospitality FOR SALE


Rapid City, MI 49676 | 
$900,000 USD
517-745-0008
6926 Aarwood Trail NW, Rapid City, MI for Sale
$900,000 USD
Hospitality - FOR SALE
1/50
null | 9.63% Cap Rate

6926 Aarwood Trail NW
Rapid City, MI 49676


HIGHLIGHTS

  • $900,000 SALES PRICE
  • 2025 NOI: $86,648
  • 9.63% CAP RATE
  • Fully furnished turnkey STR
  • Established rental history
  • 2.2 acres | 156' river frontage | Private dock

OVERVIEW

Beaver Tail Lodge presents an opportunity to acquire an established, fully furnished short-term rental in Northern Michigan. Situated on 2.2 wooded acres with approximately 156 feet of Rapid River frontage on the Lower Antrim Chain of Lakes, the property is located approximately one mile from Torch Lake and combines proven rental performance with waterfront vacation-home appeal. The 2,526 SF log home features 3 bedrooms, 2 bathrooms,5vvvvvvv and accommodations for up to 20 guests. Highlights include vaulted ceilings, a dramatic stone fireplace, treehouse-style interior bridge, multiple gathering and sleeping areas, screened porch, expansive deck, private dock, firepit, kayaks, attached garage with EV charger, and professionally designed Adirondack-inspired furnishings. The property is offered turnkey and fully furnished. Operating as a short-term rental since June 2021, Beaver Tail Lodge generated $128,652 in gross rental revenue in 2025, with $86,648 NOI, representing a 9.63% cap rate at the $900,000 asking price. Six years of operating history are available. The waterfront setting provides direct access for paddling and fishing, while nearby Torch Lake, Traverse City, golf, wineries, trails, skiing, and other Northern Michigan attractions support four-season vacation appeal. Listing agent has an ownership interest in the property.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$356 USD /SF

# OF ROOMS

3

PRICE/ROOM

$300,000 {currency}

CAP RATE

9.63%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Beaver Tail Lodge

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1992

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.2 AC

LAND SF

95,832 SF

ZONING

R-1

APN/PARCEL ID

004-005-024-10,004-008-050-01

ASK ABOUT THIS PROPERTY

Audrey SchultzeXp RealtyMore Info
517-745-0008

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Audrey SchultzeXp RealtyMore Info
517-745-0008

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