Profitable business, 4.95Ac, great condition, newly renovated, turn key, 18 unit cottage rental business including the real estate for sale to all investors and entrepreneurs. It centrally located in the hub of PEI’s tourism industry, North Rustico. Amazing view 4.95 acres land features a world class scenery of PEI’s North Shore Beach. Vendors have completed extensive updates in the recent years to make the property be satisfied by their guests. New renovations include: all new floors, most new roof shingles, heaters, windows, TVs, mattresses, doors, deadbolts, pine interiors, 100 amp panels, thermostats, light switches….Every renovation is for long time durable use. Over $50k alone was invested in the brand new, Sealy Beauty Rest Pocket Coil mattresses. The rentals consist of 3-1BR units,10-2BR units and 5 Executive 2BR units. Each unit has A/C, cable TV, ultra high speed wifi, linens, pots/pans/cutlery, irons, hairdryers, full baths, decks, BBQs etc. Also, all have electric heat and are fully insulated to extend your rental season well beyond June-September, adding to your income potential. The property also features an office building with owner’s quarters, reception area with continental breakfast bar, staff area, linen/supply storage, staff laundry, guest laundry and public washroom. Exterior features include an 18X36, 8′ deep, heated salt water pool with fenced in concrete pool deck, separate gazebo with hot tub. Enough distance for each cottage’s private and entertainment. Clients have been loving this experience of staying. Already have had many bookings for 2023. This is share sale. All measurements are approx. and should be verified by the purchaser(s). (id:30983)
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