Highly desirable investment opportunity on Grand Lake with portions containing water views. Gated subdivision with 26 acres M/L on Monkey Island. 26 single family leased residential cabins 100% occupied and all constructed within the last 7 years beginning in with one in 2009, four in 2010, five in 2011, four in 2012, three in 2013, three in 2014, four in 2015 and with 2 additional cabins currently under construction which already have leases awaiting completion. The demand for development has created a waiting list of tenants seeking future development. 44 platted lots provides plenty of room for future development, with an estimated space for 32-34 more bungalows.

Location Description:

Lots 1,2,3,4,5,6,7,8,9,10,11,12,13,14,17,18,19,23,24,25,26,27,28,29,30,31,32,33,34,35,36,37,38,39,40,41,42,43,44 and 45, Knob Hill Estates, according to the recorded plat thereof, Section 29, Township 25 North, Range 23 East, Delaware County, Oklahoma

And

A piece, part or parcel or tract of land lying NW 1/4 SW 1/4 NW 1/4 of Section 29, Township 25 North, Range 23 East, more particularly described as follows to-wit: Beginning at NW corner of said NW 1/4 SW 1/4 NW 1/4; thence 132 feet South; thence 660 feet East; thence 132 feet North; thence 660 feet West to the place or point of beginning, containing 2 acres, more or less. With and subject to all the Restrictions, Covenants, Bylaws, Utility and Road Easements being the same as Echo Bay Estates.

Highlights:

>> Solid Return on Investment

>> High Demand

>> Potential for Future Development

>> Amenties for Grand Lake Close By

>> Well water, electric, septic systems and telephone available

>> 4 RV pads with utilities on site

>> 44 Platted Lots

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Sales Info:

>> Commision split: 3.0%