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Businesses For Sale   >>   Holiday Resorts Businesses For Sale

Excellent Income 63' Sandy Beach On Lake Nipissing For Sale

Location  Ontario,Canada
Asking Price Range  $500K - $1.0M
Gross Revenues  $100000
Net Profit / Cash Flow  $75000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1990
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned

Description  
Excellent low maintenance income property in A1 condition in North Bay. 7 year around rental apartments and cottages on 0.49 acre 63` beautiful sandy beach on Lake Nipissing. 4 two bedrooms homes, 1 two bedroom cottage and 1 one bedroom heritage log cabin. One lakefront home is occupied by owners. All units are completely upgraded throughout, new plumbing, flooring, new paint in and out. Units come with stove and fridge, some are furnished. Natural gas and electric heating. Financials available on request. Parking, beach, Jacuzzi tubs. Full city services. All amenities close by. Shopping malls, restaurants, laundromat. New break water retaining wall. New driveway and interlock paved foot path to the beach. New windows and 30 year shingles in 2008/2009. C7 tourist commercial zoning. Turn key operation ready for investor or owner-operator! Property taxes $5,460. Asking price $895,000 For more information please contact or email Andrew Sobczak, Broker of Record On Georgian Bay Real Estate Inc., Real Estate Brokerage, RR2, Box 174, Victoria Harbour, ON, L0K 2A0, at 705 543 1341.


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