$16,000
MLS #: 526497
Property Photo
1 Bed 1 Bath 13,440 Sq Ft

Description of 5075 Karen DR, Panora, IA 50216

This is one room in a 27 room hotel that is on a private lake community that has a championship golf course. You would own one unit, and would get 14 days for personal use, the rest of the time it must be available for rental. This is a hotel unit at Lake Panorama National. As an owner, you have access to use the unit for 14 days per year. You do get lake privileges while you are staying in the hotel, but you still have to buy a boat sticker ($125.00). You can use the beaches and the lake on those 14 days only. The rest of the time the hotel room will be put in the rental program through the Lake Panorama National and will be rented out. The LPN takes care of the unit, cleaning and maintenance which you pay for as part of the expenses. After expenses are paid, the net profits would be paid to you. Contact listing firm for more information.

Property Features of 5075 Karen DR, Panora, IA 50216

SCHOOL DISTRICT
Panorama Community
HOME STYLE
See Remarks
TYPE
Condo-Townhome
Year Built
1980
Community
Lake Panorama
Annual Taxes
$282.00
Acres
.07
Features
School district: Panorama Community
Metal exterior
Lot acreage is: 0.0680
Lot zoned: none
Courtesy of: Lake Panorama Realty

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