Description
Lakefront condos on Lake Clay - Manager on premises does all of the work - owner just rakes in the profits. Rentals are $250 per night or $1358 weekly. Monthly $2000 to $2400. Good rental rate - ask for updated monthly income and expense reports from manager. Additional expense are resort fee and taxes. These are four units of 19. All fully furnishedUnits 6, 14, 15 and 17. The monthly fee of $742.00 covers all common area maintenance, electric, insurance, trash, cable tv, internet, pest control, lawn service, office expense, insurance on building, RE taxes, condo license and fees, salary for the manager who very efficiently takes care of the rentals. Manager collects 13% of gross income. The owner pays only interior electric and cleaning fee for each renter. Lake Blue REsort has been the go to place for visitors for over 50 years and has made many great memories for a lot of those renters who have turned owners as a result. Beautiful pool with lounging area, sandy beach on beautiful Lake Clay
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4BEDS
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0.04ACRES
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4BATHS
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01/2 BATHS
School Ratings & Info
Description
Lakefront condos on Lake Clay - Manager on premises does all of the work - owner just rakes in the profits. Rentals are $250 per night or $1358 weekly. Monthly $2000 to $2400. Good rental rate - ask for updated monthly income and expense reports from manager. Additional expense are resort fee and taxes. These are four units of 19. All fully furnishedUnits 6, 14, 15 and 17. The monthly fee of $742.00 covers all common area maintenance, electric, insurance, trash, cable tv, internet, pest control, lawn service, office expense, insurance on building, RE taxes, condo license and fees, salary for the manager who very efficiently takes care of the rentals. Manager collects 13% of gross income. The owner pays only interior electric and cleaning fee for each renter. Lake Blue REsort has been the go to place for visitors for over 50 years and has made many great memories for a lot of those renters who have turned owners as a result. Beautiful pool with lounging area, sandy beach on beautiful Lake Clay
© 2025 Heartland Association of Realtors, Inc. All rights reserved. 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 Jeff Cohn | Heritage Group. Data last updated: 2025-11-16T15:42:42.637.