51360, IA Spirit Lake, 100 Hill Avenue

General Description

Discover a rare opportunity to own a fully operational, year-round resort located directly across from Big Spirit Lake in Spirit Lake. This well-maintained property features six fully furnished, modern units, each equipped with kitchens, smart TVs, and upscale finishes. The resort was thoughtfully designed to allow multiple income strategies. All six units may be rented for maximum cash flow, or one unit can be utilized as an on-site one-bedroom living quarters, making this an attractive owner-operator or hands-on investment opportunity. Additional amenities include ample boat parking, outdoor grilling areas, and convenient access to beaches, recreation, and local attractions throughout the Iowa Great Lakes region. With a strong rental history and proven demand, Big Spirit Resort offers immediate income with long-term upside. Seller is open to carrying a contract sale, providing flexible financing options for qualified buyers. An ideal opportunity for investors, hospitality entrepreneurs, or owner-operators seeking steady cash flow, lifestyle flexibility, and long-term value in a premier lake destination.

Legal: TBD split of: LOT 26 & E'LY TRTS IN LOT 24 AUD PLAT 113