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4-Rental Cabins On-Site Boat Ramp Owner Financing Room to expand
Passive Management Frontage and Direct Access to Mosquito Lagoon Airbnb
Beautiful waterfront Fish Camp and Vacation rental property with growth potential. Located on the shores of the world-renowned Mosquito Lagoon this charming property contains 4 passively managed rental cabins, two RV hook ups, boat ramp, 10k boat hoist, boat house, boat and kayak slips, and room to grow. Owned and operated for 16 years by the current owner who passively manages the property and business working less than 5 hours per week answering calls. The business is automated through several booking sites as well as the business’s own website and serviced by a cleaning staff that takes care of turnover responsibilities. Boasting a strong 8.38% capitalization rate for an active owner or a 7.10% capitalization
Real Property Included
Owner will train for 2 weeks, no cost.
Seller financing with 30% down at 6% interest amortized at 30 years with a balloon payment due at 5 years.
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