← 1935 S Glen Rd, Shelby, MI 49455 · All properties
DESCRIPTION-FULL-2026-04-12 - 1935 S Glen Rd, Shelby, MI 49455.md
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| Property | 1935 S Glen Rd, Shelby, MI 49455 |
|---|---|
| Folder | README & Property Snapshot |
| Kind | Text |
| Updated | 2026-04-30 |
| Dropbox path | 00 - README & Property Snapshot/DESCRIPTION-FULL-2026-04-12 - 1935 S Glen Rd, Shelby, MI 49455.md |
What This File Appears To Be
Beachfront [Vacation Rental](https://www.airbnb.com/rooms/1328354317959043253?source_impression_id=p3_1736530753_P3U3duvUgGhPZ5id) on Lake Michigan ## Offering Details - [Mark Johnson](https://www.linkedin.com/in/mrmarkjohnson/) transferred his property's deed to a new LLC and is selling a portion of the LLC on the Lofty Marketplace. This property is the only asset owned by the LLC. - Tokens represent direct ownership in the LLC that owns the property. Mark will maintain at least 10% ownership i
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Beachfront [Vacation Rental](https://www.airbnb.com/rooms/1328354317959043253?source_impression_id=p3_1736530753_P3U3duvUgGhPZ5id) on Lake Michigan ## Offering Details - [Mark Johnson](https://www.linkedin.com/in/mrmarkjohnson/) transferred his property's deed to a new LLC and is selling a portion of the LLC on the Lofty Marketplace. This property is the only asset owned by the LLC. - Tokens represent direct ownership in the LLC that owns the property. Mark will maintain at least 10% ownership in the LLC indefinitely. - View proof of Mark's ownership prior to the title transfer [here](https://www.dropbox.com/scl/fi/16v7zpq7az7xkg1fowo0d/Title-Report-1935-S-Glen-Rd-Shelby-MI-49455.pdf?rlkey=0864nyv0v3vj86vpxbv15hpg1&st=s75d3pq7&dl=0). View proof of the title transfer to the LLC [here](https://www.dropbox.com/scl/fi/rozgammhqb8a6oinmoq4w/Quitclaim-Deed-1935-S-Glen-Rd-Shelby-MI-49455.pdf?rlkey=aq1y2hw3xb3z3ngpvessdaoes&st=frekhntz&dl=0). View the LLC documents [here](https://www.dropbox.com/scl/fo/ho6bigswiq9o4d2imvk3i/AAsTF3KI4IcuOw0BIB_oWAY?rlkey=op1b45ezvj93c52dvyz8dhsp3&st=e8npgfrk&dl=0) ## Property Details - The Blue Horizon is a luxurious beachfront rental on Lake Michigan, offering 200 feet of private lake frontage and 3 acres of wooded seclusion. - The home blends modern elegance with coastal charm, featuring a spacious deck with panoramic water views, a grill, a fire pit, and a sunset-viewing area. - It includes 5 bedrooms and 3 bathrooms, with a flexible layout: a master bedroom with a king bed and en suite, twin and queen bedrooms with a shared bathroom, a loft with a bunk bed and scenic views, and a studio apartment with its own entrance. - The property offers stunning views of Lake Michigan, wooded surroundings, and a telescope for stargazing and exploring the area’s natural beauty. - Located near Silver Lake in Mears, Michigan, it provides access to Lake Michigan, Silver Lake, and the iconic Silver Lake Sand Dunes, with activities like jeep rentals or guided dune rides. - Nearby attractions include the Hart-Montague Bicycle Trail, the charming town of Pentwater, Cherry Point’s homemade treats, Golden Sands restaurant and golf course, and Michigan's Adventure amusement park. - Guests enjoy a fully equipped kitchen, linens, bath towels, and 4 parking spaces for a convenient and comfortable stay. - The roof was replaced for $20,000 in November. View the invoice [here](https://www.dropbox.com/scl/fi/6a3rob9i62heynt7n4cr8/Summit-Point-Roofing-Proposal_Johnson-1935-S-Glen-Rd_1935-S-Glen-Rd.pdf?rlkey=1b71zk6t4yxie3cmogd9bnji4&st=e4vys61k&dl=0). - [View Projected P&L for 2025](https://www.dropbox.com/scl/fi/a1rjdc8bniailxv8gwb9l/Projected-Profit-Loss-Statement-2025-1935-S-Glen-Rd-Shelby-MI-49455.xlsx?rlkey=4hydpedt4qsrygr5a1hm5qn6k&st=ipaeof09&dl=0) - The property has [$26,000 in bookings](https://www.dropbox.com/scl/fi/pb0ptouw7g16kc7ot6nly/2025-Bookings-1935-S-Glen-Rd-Shelby-MI-49455.png?rlkey=x9c0jg01hfqo32z4501liwizz&st=i0iqjyqg&dl=0) for the month of July, 2025 alone.  ## More About the Seller - Mark is a member of the Forbes Technology Council and a frequent writer and speaker on topics such as technology, culture, and business. - Mark received the GR200 award for being one of the 200 Most Powerful Business Leaders in West Michigan from the Grand Rapids Business Journal and the 40 under 40. ## Property Management and Insurance - Managed by [Jaqua Realtors](https://www.airbnb.com/users/show/114375289), an Airbnb host with 1,230+ reviews and a 4.7/5 star rating. - [Property Management Agreement](https://www.dropbox.com/scl/fi/qy8a6rpm6189dpvo9nkac/Property-Management-Agreement-1935-S-Glen-Rd-Shelby-MI-49455?rlkey=v9goszqxpyj3zj2yzelugrd1x&st=kcaq0tij&dl=0) - [Insurance Policy](https://www.dropbox.com/scl/fi/kw00kfcdhmrvhv5d7zmuh/Insurance-Policy-1935-S-Glen-Rd-Shelby-MI-49455.pdf?rlkey=j9381wa9p258ts1at04hr1msx&st=nyrcbp86&dl=0)  ## Property Leverage - This property has a loan balance of $620,402.83 + $240,000. View the loan documents [here](https://www.dropbox.com/scl/fo/v97jnrpscvl1ozf4ktufr/AKFsonyay2B0E15Boa9Ejxg?rlkey=pz27nhgg0hxzjsgqg3qykbh8t&st=nmz32ori&dl=0). - As the seller, [Mark Johnson](https://www.linkedin.com/in/mrmarkjohnson/) pays down 100% of the loan payments, his equity percentage in the property will increase and the levered rental yield of investors will decrease over time. Investors have the ability to change this structure via a governance vote. ## Occupancy Status - Short-term rental on Airbnb - [View Airbnb listing](https://www.airbnb.com/rooms/1328354317959043253?source_impression_id=p3_1736530753_P3U3duvUgGhPZ5id) - [View Direct Booking Website](https://www.lakem.com/properties/blue-horizon/) - [View Projected P&L for 2025](https://www.dropbox.com/scl/fi/a1rjdc8bniailxv8gwb9l/Projected-Profit-Loss-Statement-2025-1935-S-Glen-Rd-Shelby-MI-49455.xlsx?rlkey=4hydpedt4qsrygr5a1hm5qn6k&st=yo195icm&dl=0) ## Location Data - "B" Rating for Zip Code on [Niche](https://www.niche.com/places-to-live/z/49455/) ## Due Diligence Documents - [Title Report](https://www.dropbox.com/scl/fi/16v7zpq7az7xkg1fowo0d/Title-Report-1935-S-Glen-Rd-Shelby-MI-49455.pdf?rlkey=0864nyv0v3vj86vpxbv15hpg1&st=s75d3pq7&dl=0) - [Appraisal](https://www.dropbox.com/scl/fi/atsp0cqsxfb89vstj4n0m/Appraisal-1935-S-Glen-Rd-Shelby-MI-49455.pdf?rlkey=zsxy0gcaa9wm102n3cqa49muw&st=6beld1z7&dl=0) - [Inspection Report](https://www.dropbox.com/scl/fi/li0vfts7wol1xw91dks1t/Inspection-Report-1935-S-Glen-Rd-Shelby-MI-49455.pdf?rlkey=kumw9xuviytapoevpzzkxmp6v&st=wrtp3i6y&dl=0) - [Operating Agreement](https://www.dropbox.com/scl/fi/qnzpvppdvz5xxxx2i3k7c/Operating-Agreement-Jaguar-LFTY0433-DAO-LLC.pdf?rlkey=0f1bjovpnz0deo3zy6e3vg5zm&st=j8nuwsbw&dl=0) - [View All Documents](https://www.dropbox.com/scl/fo/lpccm90p37dzoojm7z6xg/ALPKhBferpcaLvl-8N2CxVM?rlkey=uh3jiz6tjqwb04jx8xvr1n81p&st=erdlhp6r&dl=0)