Whether you’re looking for a vacation home with annual earnings or a seasonal rental that supplements your income, you’ll want to visit Heritage Harbor in Ottawa, where a variety of home styles, a recreationally rich environment, comprehensive property management and a marketing program make for a solid investment.
“Heritage Harbor has all of the elements smart investors look for when making a vacation home purchase,” says Pierre Alexander, resort marketing manager. “Location. Just 90 minutes from Chicago and within close proximity of the buyer’s primary residence. A recreationally rich environment. Situated along the Illinois River, centered around a 182-slip marina and 15 minutes from Starved Rock State Park. A solid rental management program. The Harbor Inn handles marketing, bookings, check-in/out, cleaning, laundry, inspections, credit card and systems fees, appropriate hotel city and state taxes, homeowner statements of accounts and much more, thus providing a turnkey process.”
Several distinct neighborhoods, including Navvy Town, a new neighborhood of condominiums and cottages priced from $189,000, offer investor-friendly opportunities.
Neighborhood clubhouses and swimming pools, the Red Dog Restaurant, a Tiki bar, a beach, a dog park, on-site boat club and water sport rentals, and the Heritage Harbor activity director add value for those who rent these properties.
Proximity to Starved Rock State Park, the I&M Canal and downtown Ottawa also draw would-be renters.
“Investors have added peace-of-mind with our Harbor Inn property management team and the owner portal that allows owners to request repairs or updates,” Alexander says.
Investors can choose from a collection of ranch and two-story homes, with main-level master bedroom suites ranging from 1,196 to over 2,287 square feet in the Port Place neighborhood. Prices start from $350,000. Homes in the West Peninsula neighborhood, priced from the low $400s, include unfinished, 9-foot basements and two-car garages. ❚
Heritage Harbor is located at 111 Harbor View Dr., in Ottawa. For more information call (815) 433-5000, email hho@heritageharborottawa.com or see visitheritageharbor.com.