💰 ~$150K in Annual Revenue Across SIX Rental Cabins Near the Lake

🏡 $1.125M • 7 Cabins Across 2 Parcels • 6 Operating Rentals • ~$150K Annual Gross Revenue • Hybrid STR + Longer-Term Strategy • Approx. 1 Acre • Family Compound Potential

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👉 🏡 Express Interest in this property here.

🚨 ~$150K a Year—and You're Buying an Entire Cabin Portfolio for $1.125M

This is a different kind of vacation-rental investment.

Offered at $1,125,000, the sale includes seven individual cabins across two parcels, with six currently operating as rentals and the seventh being converted into an office and on-site laundry facility.

Together, the property generates approximately $150,000 in annual gross rental income, using a smart hybrid model: short-term rentals during the high-demand summer season and longer-term rentals throughout the off-season.

That means you're not buying a single expensive vacation home and relying on one listing to perform. You're acquiring six individual revenue-producing units, plus dedicated operational space, all situated on approximately one acre just across the street from Paw Paw Lake.

For investors interested in small-scale hospitality, diversified rental income, or an entire vacation-rental portfolio under one roof, this is a particularly interesting setup.

📩 Interested in this property?

👉 🏡 Express Interest in this property here.

🏡 The Asset

5358 Paw Paw Lake Rd

Coloma, MI 49038

💰 Offered at: $1,125,000

• 7 Cabins

• 6 Existing Rental Units

• 6 Bedrooms Combined

• 6 Bathrooms Combined

• 2,508 Sq Ft

• Approximately 1 Acre

• 2 Parcels: 5354 + 5358 Paw Paw Lake Road

• Approximately $150,000 in Annual Gross Rental Income

• 3 Two-Bedroom / One-Bath Cabins

• 3 One-Bedroom / One-Bath Cabins

• 1 Cabin Being Converted to Office + Laundry

• Summer Short-Term Rental Operation

• Longer-Term Off-Season Rentals

• Established Rental History

• Across the Street from Paw Paw Lake

• Family Compound Potential

• Flexible Personal + Rental Use

This is essentially a small cabin resort with an established operating history, packaged into a single acquisition.

💰 ~$150K in Annual Gross Rental Income

The existing revenue is the first reason this property caught our attention.

According to the seller, the property generates approximately:

$150,000 in Annual Gross Rental Income

Against the $1.125M asking price, that's gross annual revenue equal to approximately:

13.3% of the Purchase Price

And that revenue isn't concentrated in one large house.

It's spread across six separate rental cabins, giving the property a fundamentally different operating profile than a traditional single-family STR.

Buyers should independently verify rental statements, unit-level performance, expenses, occupancy, leases, permitting, management costs, and future revenue expectations.

🏘️ Six Revenue-Producing Cabins

The rental portfolio consists of:

🏡 Three 2-Bedroom / 1-Bath Cabins

plus

🏡 Three 1-Bedroom / 1-Bath Cabins

That mix gives the operator the ability to target different types of guests.

The two-bedroom cabins can work for families and small groups, while the one-bedroom units naturally appeal to couples and solo travelers.

Rather than trying to find one guest willing to pay for a large six-bedroom house, the operator effectively has six pieces of bookable inventory.

🔑 STR in Summer. Longer-Term in the Off-Season.

One of the more interesting parts of the existing business is how the rentals are operated throughout the year.

During summer, the cabins function as:

☀️ Short-Term Vacation Rentals

Then, during the off-season, the operation transitions toward:

🔑 Longer-Term Rentals

It's a practical approach to seasonality.

Instead of relying exclusively on peak-season vacation demand, the property has historically used different rental strategies at different times of year to generate approximately $150K in total annual gross income.

🧺 The Seventh Cabin Becomes Operational HQ

The seventh cabin is being converted into:

💻 An Office

and

🧺 On-Site Laundry

At first glance, taking a cabin out of rental inventory may seem unusual.

Operationally, however, dedicated laundry and management space can be extremely useful when running six separate accommodations.

Think about the turnover volume across six units:

🛏️ Sheets

🧺 Towels

🧹 Cleaning supplies

📦 Guest supplies

🔧 Maintenance equipment

🗂️ Administrative needs

Creating centralized infrastructure can make the property function more like a professionally operated hospitality business.

🌊 Paw Paw Lake Is Across the Street

The cabins sit approximately across the street from Paw Paw Lake, giving the property a clear vacation-oriented identity.

That's important.

Guests aren't simply booking standalone cabins—they're booking a getaway near a major recreational amenity.

For owners, that also creates an interesting lifestyle proposition: use some or all of the property personally during desired periods and rent the cabins when they're not being used.

🏡 Seven Cabins on Approximately One Acre

The physical setup is another part of what makes this opportunity unusual.

Instead of acquiring six rental properties scattered across a market, an investor gets the entire operation concentrated on approximately one acre across two parcels.

That can potentially simplify:

🧹 Housekeeping

🔧 Maintenance

🧺 Laundry

📦 Inventory

👥 Guest management

🌱 Grounds maintenance

Six rental units in one location can offer operational efficiencies that six separately located homes simply can't.

📈 Diversification Within a Single Property

If one cabin sits vacant for a few nights, the other five can still be generating revenue.

That's fundamentally different from a single STR where an empty calendar means the entire asset produces no rental income for those dates.

Multiple units can also allow an operator to:

✔ Test different pricing strategies

✔ Accommodate different group sizes

✔ Rent several cabins to one larger party

✔ Optimize minimum stays by unit

✔ Use one cabin personally while others remain rented

✔ Shift between short- and longer-term strategies

It's a small portfolio without the geographic complexity of managing properties scattered around town.

👨‍👩‍👧‍👦 Or Turn It Into a Family Compound

The property's alternative use case is equally interesting.

Seven individual cabins create the bones of a private family compound where everyone can stay together without actually having to stay together.

Different family members can have their own kitchens, bathrooms, bedrooms, and privacy while remaining on the same property.

An owner could also potentially combine personal use with rentals—keeping certain cabins available for family while continuing to monetize the rest.

That flexibility is difficult to recreate with a traditional single-family vacation home.

🔨 Quality Construction

According to the seller, the cabins were built with a high level of craftsmanship, with significant attention paid to construction and subsequent improvements.

For a multi-unit hospitality property, construction quality matters.

One poorly maintained house is a headache. Multiply recurring maintenance issues across six rental units and they can quickly become an operational burden.

The seller's emphasis on construction quality is therefore worth investigating closely during diligence.

🔑 Immediate Cash Flow + Future Optionality

This isn't simply land with a development concept.

And it isn't a collection of empty cabins that still need to establish demand.

The property already has:

✔ Six operating rental units

✔ Approximately $150K in annual gross rental income

✔ Established rental history

✔ Seasonal STR operations

✔ Longer-term off-season rentals

✔ Dedicated future office/laundry space

That gives a buyer an existing business to evaluate while still leaving multiple possibilities for how the property could be operated going forward.

📊 The Investment Story

The numbers are straightforward:

💰 Asking Price: $1,125,000

📈 Annual Gross Rental Income: ~$150,000

🏡 Existing Rental Units: 6

🏘️ Total Cabins: 7

📊 Gross Revenue-to-Price: ~13.3%

That works out to an acquisition price of approximately:

$187,500 per existing rental cabin

Or roughly:

$160,700 per cabin across all seven structures

Those are simplistic ratios rather than measures of profitability, but they help illustrate what the buyer is actually acquiring for the $1.125M purchase price.

💸 Financing & Tax Angle

Because this acquisition includes seven cabins across two parcels with six operating rental units, financing could differ substantially from a traditional single-family vacation rental.

Potential structures may include:

✔ Commercial financing

✔ Portfolio lending

✔ Investment-property financing

✔ Other specialty hospitality or multi-unit financing

The exact legal configuration of the cabins and parcels will matter, so buyers should involve an experienced lender early.

Qualifying investors may also want to discuss cost segregation and applicable depreciation strategies with their tax professionals given the multiple structures and income-producing use.

👉 Explore STR financing options here.

🏡 Need Help Finding Your Own STR?

If you've been thinking about buying a vacation rental but keep getting stuck on what to buy or where to invest, we partner with a team that helps investors identify fully underwritten, data-backed STR opportunities.

Within approximately 48 hours, they'll match you with investment opportunities complete with:

✔ Revenue projections

✔ Market selection

✔ Property recommendations

✔ Design guidance

✔ Listing optimization

✔ Management recommendations

✔ Pricing strategy

👉 See available STR opportunities here.

In order to work with them, they typically require having around $150,000 available for your down payment, furnishing, design, and revenue-driving amenities so you're positioned for success from day one.

To date, they've helped investors acquire:

🏡 375+ properties

💰 $60M+ in rental revenue

📉 $25M+ in estimated tax savings

👉 Get matched with an STR investment opportunity here.

🏡 Looking to Sell Your STR?

Own a high-performing vacation rental or small hospitality property?

The Offer Sheet may be interested in:

✔ Buying it directly off market

✔ Facilitating a transaction

✔ Connecting you with qualified buyers from our nationwide investor audience

📩 Simply reply to this email if you'd like to have a conversation.

🎯 Why This One Stands Out

1. 💰 ~$150K in Annual Gross Rental Income

The existing operation generates approximately $150,000 annually against a $1.125M asking price, giving buyers an established income history to underwrite.

2. 🏘️ Six Rentals Instead of One

The revenue comes from six separate cabins, giving an investor multiple pieces of rentable inventory rather than concentrating the entire investment into one vacation home.

3. ☀️ Smart Seasonal Rental Strategy

The property uses short-term rentals during summer and longer-term rentals during the off-season, creating a diversified approach to year-round income.

4. 🌊 Across from Paw Paw Lake

The lake setting provides a natural leisure demand driver and gives the cabins a clear identity as vacation accommodations.

5. 🧺 Built for Efficient Operations

The seventh cabin's conversion into an office and laundry facility creates centralized infrastructure for managing the six rental units from one location.

⚡ Bottom Line

The headline here is approximately $150,000 in annual gross rental income at a $1.125M asking price.

But what makes this opportunity particularly interesting is what that price actually buys:

Seven cabins. Six existing rentals. Two parcels. Approximately one acre. A mix of summer STR and off-season longer-term income. And Paw Paw Lake right across the street.

Instead of buying one $1.125M vacation rental, you're effectively acquiring an entire small-scale hospitality operation with six individual revenue-producing units and dedicated operational infrastructure being built into the seventh.

For an investor who likes the economics of STRs but wants multiple income streams, operational scale, and the flexibility of an entire cabin portfolio in one location, this is one worth digging into.

📲 Express Interest

Ready to learn more or review the rental history?

👉 🏡 Express Interest in this property here.