Greenwood Lake Topics: Anchor Bay for sale?

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	Name:	4thelake -
	Subject:	Anchor Bay for sale?
	Date:	10/4/2013 9:08:00 AM

That group is called the Vinings group I believe. Sounds like, as a business, that is a ton of money. Interest at 5% on 2million is 100k a year. So put 1.2 mill down and still look for a return on investment?? Doesn't add up in my simple mind. I love the place but the days of paying exuberant prices for lake property that can't sustain a good business model have been over for about 5 years. I know there is a good dry stack storage generating money, and a ship store as another income center, but, still a hard nut to crack. My 2 cents