Great Investment opportunity to capitalize on a daily/weekly/monthly rental opportunity at Lay Lake. This is a one of a kind property! There are Five (5) 2 BR 1BA fully furnished cabins with a 2 car carport for car or boat storage. There is also a Maint. Shop with 750 sq ft of Living Space and 420 sq ft of Shop space for the Live on site Owner and/or Manager. a 24'x24' Grilling Pavilion and a pond! Bldgs are wood framed, monolithic slab with metal siding for look and easy maintenance. All this located on a gorgeous 12.5 Acre Gated property! This is a fully functioning - Income producing business at the present time with potential growth opportunity (Sites prepared and Shelby County has approved the construction of 7 additional cabins that can be built. Cabins 1&2 completed May '20, 3,4 &5 completed Nov. '20. Site is approx 1 mile from Beeswax Boat Launch. Growth potential is only limitied by your imagination! Please call for any additional info/questions. MOTIVATED SELLER!!
* This payment calculator is intended for educational and planning purposes only. ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Information is provided in part by the IDX Program of the Birmingham Area Multiple Listing Service. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
