Description
Now a 9% Cap rate...CASHFLOW... Beautiful Lakefront value-add opportunity! 8 units in total, 5 operated as a successful AirBnB business and 3 long-term tenants who help with the day-to-day operations. Private Pier and boat lift with 14 new posts and foundation reinforcements added last month. Ample parking and dual glazed windows installed throughout. Showing an impressive 9% Cap Rate for 2021 even considering challenges of COVID-19. Do not disturb tenants.
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0BEDS
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0.34ACRES
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0BATHS
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01/2 BATHS
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3,826SQFT
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$263$/SQFT
School Ratings & Info
Description
Now a 9% Cap rate...CASHFLOW... Beautiful Lakefront value-add opportunity! 8 units in total, 5 operated as a successful AirBnB business and 3 long-term tenants who help with the day-to-day operations. Private Pier and boat lift with 14 new posts and foundation reinforcements added last month. Ample parking and dual glazed windows installed throughout. Showing an impressive 9% Cap Rate for 2021 even considering challenges of COVID-19. Do not disturb tenants.
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