Arnolds Park, IA 51331
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.
Listing Office: REMAX Lakes Realty
Listing Agent: Aaron Jones
Last Updated: September - 23 - 2020
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Tuesday 29th of September 2020 12:50 PM