Grand Lake Area Real Estate Investment/Income PropertiesSaturday, July 9th, 2011
We all know interest rates are so low we about have to pay a bank to store our money. Stocks are risky. What is a person to do with their investment money for income and to stay ahead of inflation. How about buying real estate investment/income property. We offer two duplexes that good cash flow and price appreciation potential.
Grand Lake MLS #11-1356 is a duplex with each side having three bedrooms and two baths. The interior of both sides have fresh paint and floor coverings. Both units have a two car garage. The property is in a clean neighborhood in Grove, OK. The income off the two units is $1400 per month. This duplex is priced at $164,900.
Grand Lake MLS #11-1374 is a duplex next door to one listed above. Each unit in this duplex has two bedrooms and two baths with each having a two car garage. The monthly income off this duplex is $1225 per month. This property is listed at $153,900.
We also have a 6 unit retail strip center on Monkey Island with all units rented. Included is an owned self service laundry that also brings in good income. The property includes 25 mini storage units that stay 90% rented all the time. This property is priced at $642,000. Give us a call to view and learn more about the income off this Monkey Island property. Monkey Island has came alive with the opening of the new Shangri La Country Club, golf course and marina just five miles from this strip center and the only way on the island is right by this strip center. Located on each side is a bank and a grocery/C store for added traffic.
Just west of Senaca, MO on Highway 60 in Oklahoma is a nice property you could enjoy living on and running a few cattle with rental income from three metal building that have been used for a surplus outlet. The home is a 3700 sq ft m/l luxury home sitting at the back of the property with a blacktop driveway to it. The buildings have great Highway 60 frontage with a 60′ x 140 x 14′ tall warehouse, a 60′ x 100′ x 14′ showroom, office and warehouse, and a 60′ x 40′ x 14′ tall shop or warehouse building. All this sits on 214.66 Acres. It is priced to sell at $950,000.
We also have on Highway 59/10 South of Grove, OK about a couple of miles from Grove a retail building sitting on 1.74 Acres with a 2535 sq ft m/l rustic looking but like new office/warehouse building. You might want to keep this for yourself for the ultimate man cave but it would make a nice income rental property. Grand Lake MLS #11-1056 is priced at $185,500 and includes a backup electric generator.
Call the Grand Lake Team, Aaron Hughes or Joe Neill to talk income producing property in the Grand Lake area. You can sit back and collect the rent and enjoy life on Grand Lake. Contact Aaron at 918 801-5645 or firstname.lastname@example.org. Joe at 918 640-3300 or email@example.com