Property Details

TITLE:
Beachfront Resort >9 cap
CONTROL:
Exclusive
VALUE:
$3,200,000
LOAN:
$0
EQUITY:
$3,200,000
TYPE:
Resort Property
HAVE:
Turn key beachfront resort Little Corn Island with value add opportunities.
ADDRESS:
Cocal Beach, Little Corn Island, United States Minor Outlying Islands
BENEFITS TO NEW OWNER:
Beautiful Warm Beach Turn Key Escape US Politics
OTHER FILES:
GROSS SCHEDULED INCOME:
$531,000 Actual
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$531,000
EXPENSES:
$200,000
NOI:
$331,000
DEBT SERVICE:
$0
CASH FLOW:
$331,000
CAP RATE:
10.34%
BENEFITS SOUGHT:
Make an offer
REMARKS:
This is a lovely opportunity to bank/retire on a beautiful beachfront.
COUNSELOR:
Theresa Mueller
Trelleum Real Estate
132 N Washington
Naperville, Illinois, 60540
Cell: 630-715-9999