IN CONTRACT -This property is currently in contract, the seller will consider offers in backup position only.
Resort Area Management Business with 5 Owned Rental Units & 20+ Rentals!
3 adjacent residential properties (2 are duplexes for a total of 5 rental units) and long-term management contracts for an additional 20+ cabin and homes combine to make a very profitable and attractive owner operated business. Seller will provide training for new Buyer.
Building size is approximate and all information is obtained from sources deemed reliable but subject to buyer verification. All property tours must be arranged through the broker. DO NOT CONTACT PROPERTY OR EMPLOYEES!
Details provided with Confidentiality Agreement ONLY!
Special Property Features Include:
- 2 owned duplexes (4 rental units)
- 1 owned residence
- 20+ managed properties
- Excellent income stream
- Great owner/operator business
- Resort Location
City: South Coast
Cap Rate: 19.42%
ROI/Cash Flow: 62.81%
Owner / Manager Quarters