14 Unit Portfolio With Lake Superior Access. 9% Cap Rate

Nestled in a growing Lake Superior shore town is a three building portfolio with a total of fourteen units. 9% Cap Rate and 100% Occupancy. May consider splitting up the portfolio. Building #1: Six remarkable waterfront condominiums located within the City of Ashland with their very own sandy beach. Step inside and you will be astonished by the Lake Superior views, vaulted ceilings, birch flooring, gorgeous countertops & cabinetry, stainless appliances, luxurious bathrooms, and a wonderful open floor plan. Lower units have a walk-out door to the beach! Top units are 3 bedrooms / 2 bathrooms and lower units are 2 bedrooms / 2 bathrooms. Address: 2729 Lake Shore Dr E, Ashland, WI Building #2: Old Victorian home turned into a four-plex just 2 blocks away from Northland College. Soaring ceilings, spacious rooms, and natural woodwork along with numerous updates to 3 of the units. two car detached garage and tenant storage in the basement. New roof in 2013.