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Presented by the Lake Placid Branch Office
 

 

Inventory CO0170 

Multi Rental Complex

Saranac Lake

 

Well maintained complex with excellent rental history.  2.7 +/0 acres with two completely remodeled cabins (both with stone fireplaces), and a third secluded cabin that is being remodeled.  Property also includes the Raybrook PO office (super rental history) and a motel unit (3 rooms).  There is room to expand!  Prime commercial location being between Lake Placid and Saranac Lake.  High Traffic visibility!

Call your ACHR agent for more information.  StumbleUpon  Follow AdirondackRE on Twitter

Offered at:  $595,000 USD  

Time to buy low now, and sell high later.  "The Standard-Poor's/Case-Shiller 20-city index of prices has fallen back to where it was in 2003.  Housing prices in Phoenix are at 2000 levels, and Las Vegas is revisiting 1999."  Bloomberg Businessweek, July 2011

Own this investment for ....

 

 
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