Rare Opportunity Alert ! This Luxury Vacation Property Is Ready for a New Owner, Operational With a Small Investment of capital.
| Website: | https://www.nestseekers.com/5436587 |
|---|---|
| Address: | Saugeen Shores N0H 2L0 Canada |
| Ownership: | For Sale |
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| Type: | Unknown |
Financials
Price:C10,000,000
($7,311,800)
(€6,246,000)
Annual Taxes:C14,508
Description
Rare Opportunity Alert! This Luxury Vacation Property Is Ready for a New Owner , Operational With a Small Investment of capital. Main building with 7 units is close to occupancy with the remaining 4-5 units halfway there. Elegant design throughout and no expense spared on implementation. Market peak appraisal showing 13 million dollars! Located in the quiet, vibrant and fully serviced downtown of Southhampton- an area with mostly protected shorelines. A rare building with commercial uses directly on the pristine soulful shores of lake Huron. Area influences include the Bruce Power Plant with strong salaries and a workforce that will keep vacancy rates to a minimum. Prospectus available on request estimates $500+ nightly stays in high season and 1.8 gross revenue (after vacancy estimates based on intended operation.) Flexibility in completion plan to operate with 11-13 units total. VTB is an option at desirable rates. View unbranded video tour for a more detailed look at the property. Buyer to complete their own diligence.
Virtual Tour: https://strive-realty.aryeo.com/sites/egbnjdal/unbranded
Amenities
- Available
505 Park Ave, New York, NY 10022 Phone: +1 212-252-8772 Fax: +1 212-252-9347 |