Key Investment Insights
- Phenomenal beachfront location with stunning views
- Strong repeat business from satisfied customers
- Easily managed by a two-person team
- Reliable and long-term cleaners in place
- Renovated 2 bedroom, 2 bathroom manager's residence with ocean views
- Flexible work/life balance for owners
- Sales increasing with nearby construction now complete
- Low caretaking duties and minimal gardening required
- Supportive committee in place
- Unit below 2023 valuation, providing potential for growth
- Rare opportunity to own a lifestyle business in a sought-after beachfront location
- Potential for further growth and development in the area
- Net profit of $133,983 and asking price of $1,380,000 (inclusive of manager's real estate)
Management Rights Multiplier: 3.64
ROI Estimate: 27.50%