TITLE:
9225 Lake Boulevard
CONTROL:
Exclusive
VALUE:
$1,800,000
LOAN:
$450,000
EQUITY:
$1,350,000
TYPE:
Development
HAVE:
5.26-acre Green Lake frontage property built for value-add investors and exchangers. It includes a 3-bed, 2-bath home ready for a luxury renovation, plus a 40x50 pole barn and over 3,000 sq ft of garage space for storage, hobby, or income potential.
ADDRESS:
9225 Lake Blvd, Chisago City, Minnesota
BENEFITS TO NEW OWNER:
Assumable loan, development opportunity, massive upside, desirable area.
GROSS SCHEDULED INCOME:
$0
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$0
EXPENSES:
$0
NOI:
$0
DEBT SERVICE:
$0
CASH FLOW:
$0
CAP RATE:
0.00%
ENCUMBRANCE
BALANCE
PAYMENT
RATE
DUE
ASSUMABLE
LOAN 1
$450,000
$0
5%
12/31/1969
Yes
COUNSELOR:
William Schultz
KW Commercial/Keller Williams Premier
625 Bielenberg Drive
Saint Paul, Minnesota, 55125
