Great investment. Historic Lakeside bar/restaurant w/cabins . Tear down or renovate. @1,000 ft Medina Lake Waterfront was site of marina. Located between SAPD Park & County Park. Across road rest/bar/cabin space. Property w/ 4 cabins 1 home. Seller cannot warrant existence nor use of improvements including construction, well, septic. Sold as is. Tear down build new home, condos, restaurant. Few restrictions. Seller Financing w 10% down 8% interest over 20 years.
At the intersection of Park Road 37 and FM 1283, turn SW onto Park Road 37. Continue toward County Park approx. 4 miles. Building on the right with waterfront at Medina Lake across the street.
The approximate monthly Principal & Interest payment for this property would be $921. This payment is based on a 30-year loan at a fixed rate of 3.82 % with a down payment of $21,900. Actual lender interest rates and loan programs may vary.
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