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 |
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 andLake 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:
Mortgage
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