Great Income Property
Location Prince Edward Island,Canada
Asking Price Range $250K - $500K
Gross Revenues $80000
Net Profit / Cash Flow $60000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1995
Number of Employees 1 - 3
Inventory 100000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Retiring.
Description Large architecturally designed building in seaside town. Has 12 plus bedrooms plus two large dormitories, commercial type kitchen, dining hall, several lounges, secondary kitchen and coin operated laundry.Formerly operated as a country inn, it's rooms are now leased under contract to several local businesses who require accommodation for seasonal employees. Contracts range from 8 months to full year duration. A large private 3 bedroom suite for owner, or could be leased for additional income. Property size: building 7,500 ft2.Lot size: .800 acre. Circular paved drive, property has great curb appeal. Contact for more information on this property for sale.
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