Description
This high-income generating Luxury Boutique short-term Vacation Rental is on a Picturesque Mediterranean Compound that hosts celebrities, weddings & corporate events generating over $3,000-$10,000 per day minimum with a total of $250k-$260k annually, as of now, on VRBO with an NOI of $185k-$190k scheduled for the 2022 calendar year and growing each year. Lots of supporting documents and proforma. Currently only renting out 30% of total calendar available as it is owner-occupied most of the year. Trailing 48 months financials available. Zoned as a rental, there is an extra building available to expand this property with vendors. Rentals can easily gross over $300k annually as the owner lives here most of the year. The main house sits up a long private driveway high up on a ridge overlooking the Lake of Spruce Run Recreation. Designed with nature in mind both indoors and outdoors are breathtaking, with wide open living spaces of timeless & modern features, massive pool area, gourmet kitchen. A separate matching heated building that is 1,800 sqft with 14' tall unobstructed ceilings. New kitchen bathrooms, roof, water treatment system, and electrons service. Shown as a 5 Bdrm due to master bedroom addition it is sold as a legal 4bdrm house & septic. SEE BUSINESS LISTING MLS# 3799400
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5BEDS
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7.45ACRES
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3BATHS
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01/2 BATHS
School Ratings & Info
Description
This high-income generating Luxury Boutique short-term Vacation Rental is on a Picturesque Mediterranean Compound that hosts celebrities, weddings & corporate events generating over $3,000-$10,000 per day minimum with a total of $250k-$260k annually, as of now, on VRBO with an NOI of $185k-$190k scheduled for the 2022 calendar year and growing each year. Lots of supporting documents and proforma. Currently only renting out 30% of total calendar available as it is owner-occupied most of the year. Trailing 48 months financials available. Zoned as a rental, there is an extra building available to expand this property with vendors. Rentals can easily gross over $300k annually as the owner lives here most of the year. The main house sits up a long private driveway high up on a ridge overlooking the Lake of Spruce Run Recreation. Designed with nature in mind both indoors and outdoors are breathtaking, with wide open living spaces of timeless & modern features, massive pool area, gourmet kitchen. A separate matching heated building that is 1,800 sqft with 14' tall unobstructed ceilings. New kitchen bathrooms, roof, water treatment system, and electrons service. Shown as a 5 Bdrm due to master bedroom addition it is sold as a legal 4bdrm house & septic. SEE BUSINESS LISTING MLS# 3799400
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Data last updated 2023-06-01T22:46:49.56.