102 Westover Road, Hoyt Lakes, MN 55750

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Sold Price
$160,000
List Price
$169,000

Property Description

Situated off the main drag in the heart of Hoyt Lakes this 12 unit apartment building has so much potential! Restore this into apartments or an easy conversion into hotel/vacation rental to maximize the income. Currently it has 10 efficiency apartments, 2 two bedroom apartments, a designated laundry room, and a separate storage room area. Each unit has a kitchen area and a full bathroom and a couple of the efficiency units have doors to create conjoining rooms. The electric appears to be separated to each unit. There is currently an asphalt parking lot and there is a lot more yard to make it bigger or use it for another building, a playground area, or whatever your vision brings to you! This location is just a short drive from world class golfing, skiing, mountain biking and dining at Giant's Ridge. Don't forget the countless number of fantastic fishing lakes, Skibo lookout tower for amazing views, and don't forget just up the road is one of the best OHV parks in the nation.

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Listing courtesy of GRAND PROPERTIES REAL ESTATE.

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