445 total views, 4 views today
Cash Flow Property!! This unique property has endless possibilities. It currently has a 2/2 Cabin , Outdoor Bathhouse , 3 Canopy tents , plus several spots to add more on the 9 Acres. With $30,483 already in the books this year from April – July , it is projected to do $65,000 + in 2019. Rental income of $54,114 in 2018 from April – December. Seller started in April with only one Tent , added second tent in July , Third tent in September of 2018. And the best part is that it has very very minimal overhead!! Cost to build a canopy tent $12,300.00. They have a 5yr+ life expectancy. You can replace a Tent for around $3900.00 (Tent=$1900.00 , Labor=$1800.00. Wanna add a second Bathhouse? $14,900.00. Sellers currently do their own cleaning but have an estimated cost. Cleaning all Tents & Bath house Est. $300.00 weekly. Sellers added additional washer & Dryer in Basement of cabin to do their own bedding. They don’t rent the cabin out much as they live in it. If it were also on rental this would make rental much higher.
Property Details
- Bedrooms: 2
- Full Baths: 2
- Basement: Unfinished
- Other Rooms: Laundry/Utility
- Dining Areas: Eat-in Kitchen
- Appliances: Dishwasher; Dryer; Microwave; Range/Oven; Refrigerator; Washer
- Floor Type: Carpet; Hardwood
- Heat: Central
- Cooling: Central Cooling
- Construction Type: Frame
- Siding Type: Wood
- Sewer: Septic
- Fuel: Electric
- Water: Well
- Sq. Ft. Source: Owner
- Type: Single Family
- Site Built? Yes
- Subject to Restrictions? Yes
- Lot Description: Wooded