Spectacular 16 bedroom Ocean Front house-Tremendous ROI !!
Business Description
Sleeps 60, Heated Pool, Tiki Bar, Awesome Investment!!
This is a short term rental house, one of the largest in the country. On an unusually large and wooded ocean front lot. Comes fully furnished. Tremendous cash on cash return!! For example, at 50% down, about a 25% return on the cash you put into it. (Home Based)
About the Business
- Years in Operation
- 10
- Currently Home Based
- Yes
- Facilities & Assets
- This is a short term rental house, one of the largest in the country. On an unusually large and wooded ocean front lot. Comes fully furnished. Tremendous cash on cash return!! For example, at 50% down, about a 25% return on the cash you put into it.
- Website
- https://www.largebeachrentals.com
- Market Outlook / Competition
- There are very limited options for large groups wanting an ocean front vacation together. Which is why we were able to about double rates in 10 years. We are on the low end of the few other large rentals, none in the area, so plenty of upside.
- Opportunities for Growth
- Increasing rates and filling in off peak dates with church groups, weddings and corporate retreats.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 8,300
About the Sale
- Seller Motivation
- Retiring
- Transition Support
- Will train new owner for as long as they feel they need. Will provide documentation of what to do. If you have never done rentals before, very simple. After about a month of email and phone support, you will be able to do it all. Takes just a few hours a week so you still can have another job or business.
Listing Info
- ID
- 2381556
- Listing Views
- 3625
Business Location
Listing ID: 2381556 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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