20 Torch Street
$245,000, 1,840 Sqft ½ Acres
About This Property
Candle Lake Cabin Rentals - CLCR are located in the heart of Candle Lake. Neighbours with both the general store, laundromat and Restaurant, perfect locations to be in when visiting Candle Lake. Walking distance to the beach and quick 5min drive to all major functions, CLCR is the place to stay. Package includes: Turn-Key Investment, 4 Winterized Rental Cabins, 28X24 heated garage, 28X12 Lean-to. Located on 1/2acre which consists of 2 Lots (166'X150), Private well & pump house, 2 Septic Tanks, lots of room to expand. Great Investment opportunity, great return, get your money working for you. Cost per night $185.00, Approx forecast: 30% occupancy rate for Gross Sales of $80K, 50% occupancy rate $135k, 75% occupancy rate $200K. Option to purchase adjacent parcel. Shortage of affordable rentals in Candle Lake area, so has great potential. Owner will entertain property/business trades.
Century 21 Prestige Real Estate
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