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National Park Cottage Rentals

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Listing ID: 1107

Location

Close Proximity to Nova Scotia National Park

Description

This is a brand new listing, please bare with us as we gather some of the final details of this well established cottage rental business. If you've been looking for a nice entry into the accommodations market, or are looking to downsize and simplify, we expect you'll find this operation to provide you with a solid foundation for years to come. Location, you'll have one of the finest views to offer in all of Nova Scotia. History and Stability, absolutely....guest reviews have been improving as the units continue to receive updates and become refreshed. Ease of management, this is a perfect size operation for a couple, along with the help of a few staff members to operate seasonally or year round. - year round operations is you chose - 4 full and part time, seasonal, staff - 10 units in total - price increase being implemented for 2017 season Connect with us today before this one is gone!


Financial Information

2016 revenues = $230k It is expected a qualified buyer will have no less than $300k cash available as a downpayment. Upon confirmation, we will be happy to release all financial details of the business.

Minimum Equity Required

Real Estate

Perfectly situated on 1.5 acres, this property has some of the finest views in the area, overlooking the water. - There are no owner accommodation exists, an owner who would wish to live on site would need to convert one of the units to their own quarters. The current owner lives in close proximity. - on site septic and well water. There are a total of 6 holding tanks, pumped on a regular schedule - There are a total of 7 buildings on the property. Many have received new roofs in the past 2 years, all have breaker panels. The oldest unit was built in 1973 and the newest in 1993. All have received updates in recent years, including bathrooms, kitchens, ceilings, siding, etc. A full list of update can be provided - There is no room to expand on this parcel of land, possible to acquire the neighbouring 1 acre parcel, different owner.

Price

$679,000

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