
Description
At the end of Glenerie BLVD waits the perfect investment opportunity. 4.1 acres with zoning for 11 residential structures; 11 cabins on the property already. Current owner has been renovating the cabins. 5 cabins are up and running, earning income of $70,200 per year. 3 more cabins are under construction and can be completed before closing with an added income of $54,000 per year. Additional 3 cabins would need renovating and could earn another $54,000. There is also a large garage and parking lot on site for landlord convince.This is an amazing opportunity for the person or group with vision and experience. Rent out the 5 cabins on top of the hill to long term tenants and 6 water from cabins to short term vacation guests. This can be a real home run project for the right group!
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20BEDS
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4.1ACRES
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11BATHS
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01/2 BATHS
Description
At the end of Glenerie BLVD waits the perfect investment opportunity. 4.1 acres with zoning for 11 residential structures; 11 cabins on the property already. Current owner has been renovating the cabins. 5 cabins are up and running, earning income of $70,200 per year. 3 more cabins are under construction and can be completed before closing with an added income of $54,000 per year. Additional 3 cabins would need renovating and could earn another $54,000. There is also a large garage and parking lot on site for landlord convince.This is an amazing opportunity for the person or group with vision and experience. Rent out the 5 cabins on top of the hill to long term tenants and 6 water from cabins to short term vacation guests. This can be a real home run project for the right group!
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