Description
This gorgeous 2.14 acre long-established income-producing property is an investors dream! Since 2007, two of the rentals have been Superhost/Premier Host on AIRBnB/VRBO. The 3rd rental is month to month and rents for $1,200-$1,500 month. The rental property comes with trained staff ready to continue. There are multiple ponds/waterfall with Goldfish/Koi; chickens, veggie gardens, heirloom orchard: Apples, Pears, Peaches, Nuts, Elderberries, Figs, Berries, Grapes, Asparagus & more! Chemical-free filtered water is supplied to the entire parcel, plus Netafin irrigation system. Attached greenhouse produces food year-round. NOI approximately $92,800 in 2020 and can easily reach $120,000+ NOI a year. Cap Rate: 12.5%. Seller retiring but includes a consulting package for easy transition. Included: Grounds/rental tools/equipment, riding mower, golf cart. Chickens supply enough eggs for owner and guests. 1 bedroom remaining on septic for addition of a 4th rental.
-
6BEDS
-
2.14ACRES
-
4BATHS
-
01/2 BATHS
-
2,374SQFT
-
$358$/SQFT
School Information
Offered by Landcrazy.Com. Copyright 2022 Canopy MLS. All rights reserved.Description
This gorgeous 2.14 acre long-established income-producing property is an investors dream! Since 2007, two of the rentals have been Superhost/Premier Host on AIRBnB/VRBO. The 3rd rental is month to month and rents for $1,200-$1,500 month. The rental property comes with trained staff ready to continue. There are multiple ponds/waterfall with Goldfish/Koi; chickens, veggie gardens, heirloom orchard: Apples, Pears, Peaches, Nuts, Elderberries, Figs, Berries, Grapes, Asparagus & more! Chemical-free filtered water is supplied to the entire parcel, plus Netafin irrigation system. Attached greenhouse produces food year-round. NOI approximately $92,800 in 2020 and can easily reach $120,000+ NOI a year. Cap Rate: 12.5%. Seller retiring but includes a consulting package for easy transition. Included: Grounds/rental tools/equipment, riding mower, golf cart. Chickens supply enough eggs for owner and guests. 1 bedroom remaining on septic for addition of a 4th rental.
Based on information submitted to the MLS GRID as of 2022-05-28T23:32:53.133 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither SBM Realty Advisors nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2022 Canopy MLS.
Digital Millennium Copyright Act