27210 S Hwy 125
About this property
FANTASTIC and WELL MAINTAINED, Commercially successful Multi Rental Log Home complex with long-term leases on Monkey Island. It consists of 26+ acres with 39 Log homes and plenty acreage for future homes. Homes are surrounded with trees offering privacy. Two (2) steel maintenance buildings (30'X40') for storing spare parts and lawn equipment. Approximate 12 m/l acres are still vacant. Underground electric, cable and Community water. It has fire hydrants and a 440' deep well for emergency situations. The occupancy rate is averaging 97% over the last 5 years. It's within walking distance to Echo Bay on Monkey Island.In addition, seller will include a 1.22 ac waterfront lot (249' on Echo Bay) with full price offer.