8764 Garbow Drive

  • $1,050,000
8764 Garbow Drive , Alto, MI 49302

8764 Garbow Drive

8764 Garbow Drive , Alto, MI 49302
  • $1,050,000

Overview

  • Single Family Home
  • Property Type
  • 8
  • Bedrooms
  • 5.00
  • Bathrooms
  • 7836
  • Sq Ft
  • 2005
  • Year Built

Description

This property is utilized as a vacation rental with a 20% ROI and if you use the income approach the value is solid. It produces over 200k a year in revenues. We are primarily interested in selling to a buyer who would plan to rent it out. We have a vacation rental company that will rent this location with over 30k clients and over 20 properties. The cottage next door produces over 30k in revenue and would prefer to sell them together for an additional 225k. Owner is a licensed Realtor in the State of Michigan.

Details

Updated on October 31, 2020 at 1:06 am
  • Price: $1,050,000
  • Property Size: 7836 Sq Ft
  • Land Area: 0.12 Acres
  • Bedrooms: 8
  • Bathrooms: 5.00
  • Year Built: 2005
  • Property Type: Single Family Home
  • Property Status: For Sale
  • Address 8764 Garbow Drive
  • Zip/Postal Code 49302

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