1969 West Shafer, Monticello, IN 47960 - Myers Trust

1969 West Shafer, Monticello, IN 47960

Overview

MLS ID: #202211175
Price: $ 2,350,000
Sq Ft: 37,984
Finished Sq Ft: 37,984
Lot Size: 7.57 Acres
Year Built: 1996
Bedrooms: 76
Full Bathrooms: 80
Half Bathrooms:
Taxes: $ 0
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Incredible investment opportunity in a thriving area, perfectly situated less than two hours from Chicago and Indianapolis sits PineView Resort. This cashcow features 7.57 acres, 37,000 square feet of finished space including 76 rooms for rent, 300+ person banquet hall w/bar, breakfast room, 40 person conference/event room, 2 commercial laundry rooms, jacuzzi/sauna/pool, liquor license, and parking space for 200+ vehicles. New roof and many other updates throughout. All within one mile from Indiana Beach amusement park, Tippecanoe Country Club, PineView Golf Course, and downtown Monticello. Minutes from both Lake Shafer and Lake Freeman which helps bring in nearly a million visitors per year to the area.

MLS ID: 202211175

Details

# of Units 76
Price Per Unit 30,921.050
Above Grade Finished SF 37,984
Combined Finished SF 37,984
Below Grade Finished SF 0
Below Grade Unfinished SF 0
Total Below Grade SF 0
Total Sq Ft 37,984
Lot Dimensions irregular
Approx Lot Size SqFt 329,749
Approx Lot Size Acres 7.570
Garage SF 0
Outbuildings 2,944
Pool Below Ground
Water Front No
Style One Story
New Construction No
Elementary School Meadowlawn
Middle School Roosevelt
Senior Twin Lakes
District Twin Lakes School Corp.
# Bedrooms 76
# of Full Baths 80
# of Half Baths 0
Rec Room 80 x 2
Bedroom 5 80 x 80
Extra Room 5 x 5
Laundry Room 230 x
Other Room 1 76 x 76
Annual Gross Rent Income $766,000.00
Annual Sewer Expense $0.00
Annual Fuel Expense $0.00
Annual Electric Expense $0.00
Annual Trash Expense $0.00
Annual Property Tax $13,596.00

Listing Office: Redlow Group

Listing Agent: Cody Miller

Disclaimer:

Property information is provided by the Indiana Regional MLS. The 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. The data is deemed reliable but is not guaranteed accurate by the IRMLS. Featured Properties may have updated information provided by Myers Trust.