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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.
Listing Agent: Raymond Hebel Courtesy of: Luxe Places International Realty Copyright © , Bay Area Real Estate Information Services, Inc. All Right Reserved. Updated: 22nd May, 2022 8:37 AM (UTC)