Lakefront Investment Property

This Lakefront Investment Property only comes around once in a life-time. DIXON LAKE RESORT: A scenic shoreline resort centered in the natural beauty and recreation of Otsego County. This property is one of the most premier lakefront parcels for sale in Northern Michigan. Its hard-sandy beach, large majestic trees, sloping landscape that over looks a beautiful view of a quaint lake is breathtaking. Handsome hardwood hills surround this 200 acre lake. Dixon Lake is an all sports lake for your recreational interest. There is a new boat launch on the lake to serve your boat. The lake excels in fishing, pan fishing for the toddlers as well as Walleye fishing for the adults. The water is spring-fed and crystal clear; it is Commercial Zoned for Investment Value. There are 7 rentals units, well equipment for seasonal rentals. They are very clean showing pride of ownership. Expenses of property can be paid for through rentals, giving your family recreational enjoyment. Total Sales Price: $449,000 Land Contract Terms available, 50% down, 20 year terms, 6% interest. Zoned: Commercial Zone Property Number of Units: Total (7): Cabin Size, three Kitchenette Motel Units. Lake Frontage: 167Ft., Beachfront Width, 2 Lakefront Lots. --Over one-acre parcel. USES: Excellent Recreational Property, Family or Corporation owned: Investment Property, Seasonal Rentals, Church or Schools Camp, Hunting, or Private Club, Condominium Site and Your Dream Home Location. RESORT FEATURE: Kitchenette Units Furnished/TVs Swimming Area Fishing Boats Paved Large Parking Lots Boat House with Lake Deck on Lounge Shuffleboard Set Outdoor Grills/Fire Pit Picnic Tables Docks LOCATION: A short drive from I-75 North. One mile south of Gaylord, than two miles east, off McCoy Road. Located on the West side of Dixon Lake. On a private, paved, dead end road. A Peaceful and Scenic view setting. UTILITIES: Sewage-Commercial Size Septic Fields Heating Systems-(4) Cabin Size Units, LP Gas Individual Furnace (3) Motel Rooms, Individual Electric Heat. Natural Gas is Available Hot Water System-(2) LP Gas Hot Water Heaters. Laundry Equipment-Electric Washer, Dryer. Linens-Owned Driveway Paved-Yes Parking-Ample Motel/Resort Signs-2 Boat House on Beach with Lounging Deck on Top-Condition Good Docks-2 to 3 sections Boats-(4) Fishing row boats, 1 Paddle boat This unique property is priced far below replacement value consisting of 2 lakefront lots and buildings. If you would like a private showing of this lakefront multi-unit property, phone Janet Patterson (989)732-2802. Please no Real Estate Agents. Only qualified buyers call.