$749,000
Trailside Inn
Details
APN 040413421078
Property Type Business for Sale, Retail
Sub Type Business Only, Grocery Store
Square Footage 8,735
Net Rentable (SqFt) 1,000
Units 11
Cap Rate 16.42%
NOI $123,000
Price per SqFt $86
Year Built 2001
Buildings 5
Stories 2
Acreage 2.750
Zoning OTHER
Parking Spaces 20 spaces
Parking per 1,000 SqFt 2.29
Investment Type Owner/User
Ownership Family
Business for Sale | 16.42% CAP | 8,735 SqFt
Marketing description
Invest in a lifestyle! This exceptional property offers a comprehensive business portfolio: resort, general store, mini-golf, office space, and gas station. Located within the highly desirable Lake Carroll community, you'll benefit from its robust four-season recreational amenities including lake rights, fishing, aquatic facilities, a marina, extensive trails, an 18-hole golf course, the Lake Carroll clubhouse, fitness center and Candlelight restaurant, dedicated ATV/trail systems, two equestrian areas, a campground, and a vibrant community event calendar.
Investment highlights
3 buildings with 11 units in total - motel guests
General store with an upstairs for renting to individual groups
Screened porch off of general store for individual or group entertainment
Grills for use of motel guest
Putt putt golf course for enjoyment of motel or outside guests
Gas station with two pumps
Oversized four stall garage for storage or rent possibilities
Long standing one tenant in the main building
Access to all the community amenities that include an 18 hole golf course, restaurant, fitness center, indoor and outdoors pools, tennis, lake access, boating access, walk trails and much more
Listing Contacts
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$123,000.00
$10,250.00/mo
Valuation Metrics
0
DSCR
16.42%
Cap Rate
16.42%
ROI
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