This is a unique opportunity to acquire a turn key, meticulously maintained vacation rental establishment with Wolfe Creek Lake access. There are three beautifully appointed cabins, the oldest being only 5 years old, the newest is 3 years old, all have newer appliances and furnishings, all have split zone HVAC units and have Hardi Plank low maintenance exteriors. Public Lake access is literally a "stones throw" away and lake views are available from most of the property. There is room on the property to construct two additional units/cabins which will only enhance the revenue potential this property has. The current owners/caretaker of the property have done an excellent job in building up an excellent rental history which has seen over a 40% YoY increase in revenues. This enterprise has solid financials and boosts a very favorable cap rate and will provide a great cash on cash return fo...
This is a unique opportunity to acquire a turn key, meticulously maintained vacation rental establishment with Wolfe Creek Lake access. There are three beautifully appointed cabins, the oldest being only 5 years old, the newest is 3 years old, all have newer appliances and furnishings, all have split zone HVAC units and have Hardi Plank low maintenance exteriors. Public Lake access is literally a "stones throw" away and lake views are available from most of the property. There is room on the property to construct two additional units/cabins which will only enhance the revenue potential this property has. The current owners/caretaker of the property have done an excellent job in building up an excellent rental history which has seen over a 40% YoY increase in revenues. This enterprise has solid financials and boosts a very favorable cap rate and will provide a great cash on cash return for the right investor. , Must see to appreciate!!