Description
Take advantage of this GREAT OPPORTUNITY to own 10 ACRES of wooded and serene land complete with a small stream running through its SEVEN COTTAGE VILLAGE. Great for fishing, hiking, hunting or just a peaceful getaway! Currently the cottages are rented out to tenants with six month leases bringing in over $7000 monthly but can be used as short term rental like Airbnb for increased cash flow from the 11.7% CAP it currently brings.Cottages are all separately metered for electric and have been updated and newly renovated in the last five years. Add this hidden gem to your investment portfolio or make this your family camping spot!
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9BEDS
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10.13ACRES
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7BATHS
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01/2 BATHS
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6,000SQFT
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$142$/SQFT
Description
Take advantage of this GREAT OPPORTUNITY to own 10 ACRES of wooded and serene land complete with a small stream running through its SEVEN COTTAGE VILLAGE. Great for fishing, hiking, hunting or just a peaceful getaway! Currently the cottages are rented out to tenants with six month leases bringing in over $7000 monthly but can be used as short term rental like Airbnb for increased cash flow from the 11.7% CAP it currently brings.Cottages are all separately metered for electric and have been updated and newly renovated in the last five years. Add this hidden gem to your investment portfolio or make this your family camping spot!
© 2023 Greater Lehigh Valley REALTORS® All Rights Reserved. Based on information from the Greater Lehigh Valley REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Smart Way America Realty. Data last updated 2023-02-03T08:12:59.007.