TITLE:
House on Lake White in Waverly, OH. Can be a nice STR !!
CONTROL:
Exclusive
VALUE:
$349,000
LOAN:
$0
EQUITY:
$349,000
TYPE:
Homes/Condos
HAVE:
3 bedroom 1 bath home on Lake White in southern OH, additional vacant lot for expansion of current home, or to build a second home/garage. Covered dock for your boat with lift, and additional lift for a jet ski. Furnishings can stay. Turn key for STR.
ADDRESS:
291 Bevens Lane, Waverly, Ohio
BENEFITS TO NEW OWNER:
Home built in 1989 as a weekend/summer getaway. All furnishings can stay with the property so this is a turn key opportunity for a short term rental.
GROSS SCHEDULED INCOME:
$0
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$0
EXPENSES:
$1,176
NOI:
$-1,176
DEBT SERVICE:
$0
CASH FLOW:
$-1,176
CAP RATE:
0.00%
BENEFITS SOUGHT:
Cash, something that can go to cash soon, or some other income to family.
REMARKS:
3 parcel sale. House on one parcel with vacant lot adjacent for expansion of current home, a separate home/garage, etc. The boat dock is the 3rd parcel. Lake White dam was re-built recently. Boating, skiing, fishing, jet-skiing, swimming are all allowed.
COUNSELOR:
Michael Lane
Magnum Real Estate Advisors, LLC
1091 Eastwind Drive
Westerville, Ohio, 43081
