(616) 292-6924

jbodien@greenridge.com

8764 Garbow Drive, Alto, MI 49302

Listed at $1,050,000

MLS: 20033711 TFLA: 7,836
Bedrooms: 8 Acreage: 0.12
Bathrooms: 3 full, 2 half School District: Caledonia
Year Built: 2005 County: Kent
Type: Single Family Pool: Yes
Garage: Yes Fireplace: Yes

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.

Map & Directions

Campau lake just south of 68th and whitneyville Kettle lake elementary school on corner

Listed by: Frank N Roberts
Grand Rapids Realty & Investments LLC (419) 494-4008


Last Updated: 2020-09-01

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