Courtesy of Remax Lakes Realty, Aaron Jones

Price $379,000
Status Active
Size 1,480 sqft
Lot Size 436 sqft
Days on Market 30
Excellent hands off investment opportunity at Bridges Bay. This unit is a fully furnished 3 room lockout. This unit is in the hotel Trestle building, which is different from the condos and cabins because in the hotel building, the owner is 100% hands off. Regency Management takes care of bookings, cleaning, inspections, etc, so the owner simply receives a check every month and does not need to be involved whatsoever. Recent updates include a much larger outdoor pool with slides, a new arcade and fitness center, not to mention all of the other amenities. The owner may also have the option for a boat hoist. Based on the last 2 years' P&L, leveraged returns have been over 20%. Owner is a licensed real estate agent in the state of Iowa.
Property Type(s): Commercial
Last Updated 5/20/2020 Tract Bridges Bay
Year Built 2006 County Dickinson

Price History

Prior to May 20, '20 $395,000
May 20, '20 - Today $379,000

Additional Details

AIR Wall
AIR CONDITIONING Yes
CONSTRUCTION Frame/Wood, Other(Expln in Rmks)
HEAT Fireplace, Space/Wall Heater
LOT 436 sq ft
PARKING Driveway - Concrete,Shared Parking,Uncovered/Open
SEWER City
STYLE Resort
SUBDIVISION Bridges Bay
TAXES 3558.00
WATER City
WATERFRONT Yes

Location

 

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© 2020 Iowa Great Lakes Board of REALTORS®. Based on information from the Iowa Great Lakes Board of REALTORS®. Data last updated 6/4/20 6:34 AM PDT. Information is provided by Advantage Realty and Land Management for consumers personal, non-commercial use. Information deemed reliable but not guaranteed.

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