Resort On 12 Acres On South River & Lake Nipissing
Location: Canada -> Ontario -> Nipissing
Industry: Hotels and Holiday Accommodation > Holiday Resorts
Businesses for sale Summary
Beautiful waterfront resort for sale on South River leading to lake Nippising.
7 years new 1,324 sf 3 bedrooms home with 2 bathrooms and finished basement with walkout. Hardwood floors throughout. Backup generator 7kW hooked up. Double garage. 2 spacious housekeeping cottages, 2 bedrooms each with 3pc bathrooms, fully furnished with own septic. 9 trailer sites with hydro, water and septic. 15 ten sites. 1250 ft on South River with docking for 10+ boats. Water approx 20 ft deep. Great fishing. Abundant wildlife. Very peaceful and private 12+ acres property, about half acreage forested with mature trees. Surrounded by conservation area. Lots of room to build additional 50+ trailer sites. Come on to have a look and make an offer! Property taxes $2,516 for 2008. Asking price $599,000.
Financials
Asking Price Range: $500K – $1.0M
Gross Revenues: $50,000
Cash Flow: $30,000
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: No
About The Business
Year Established: 1995
Number of Employees: 1 – 3
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
