Lake Leelanau rent to own home - ( beds, baths)

90 unit self-storage property with three buildings built from 2020-2025. Available at a 7.7% cap rate with room to further increase rent. Sller has approval to build an additional 30 unit building. Central Leelanau County location on the east side of the Village of Lake Leelanau with signage on M-204. Moveable middle partition walls allow flexibility on unit sizes. A new 7,260 sq. ft. commercial building at the front of the property is also available to purchase with good potential for temperature controlled self-storage or retail/office uses.This rent to own home is located in Lake Leelanau. It offers 5.26 acres in size, beds and baths. Review its detailed information and determine if this Lake Leelanau rent to own has the qualities you are looking for.

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

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