Ocean Front Income Resort 5 Acres 1031 Exchange

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Call Us:

Brea: (714) 987-6147
Eugene: 650-787-2512
Fresno: (800) 622-0192
Long Beach: (714) 987-6147
Los Angeles: (714) 987-6147
Monterey: (831) 372-5888
Pasadena: (714) 987-6147
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Reno: (775) 825-3948
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Seattle: 425-957-6180
Stockton: (800) 622-0192

Category:
8500 - Real Estate

Location:
International - International

Ocean Front Income Resort 5 Acres 1031 Exchange

Business Description:

5 acres of income generating ocean front resort of 26 rental and 12 potential structures/units together with 58 rooms in Ensenada, Mexico. This resort was established in the 1960's and need repairs to bring back its glory. Elderly owner has been running the business semi-absentee in the U.S. with an entrusted and experienced crew in Ensenada. You may be qualified for rentl a 1031 Exchange. Please consult your tax adviser. Projected $0.4M+ cash flow after $0.5M renovation. Being a bio-tech hub and "Napa Valley" of Mexico, Ensenada has much to offer. Catch the robust Mexican real estate growth trend and diversify your portfolio. 8500


Asking Price: $7,500,000


Real Property Available:
No

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Recast Earnings (Not Verified by Business Team)

Financial Data Not Available

Operations

# of Employees Full Time Part Time
Non-Owners 6 4
Owners 0 1

Hours of Operation
24 hours, Office HQ can be relocated. Seller has been retired. Internet booking

Licenses Required:

  • Local Business License

Lease

Monthly Rent Including NNN:
$0

Expires:

Option:
No

Size(sq.ft.):
45,000

Miscellaneous

Type of Organization:
Sole Prop

Reason for Sale:
Retirement

Training:
4 weeks 20 hours

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

Call Us:

Brea: (714) 987-6147
Eugene: 650-787-2512
Fresno: (800) 622-0192
Long Beach: (714) 987-6147
Los Angeles: (714) 987-6147
Monterey: (831) 372-5888
Pasadena: (714) 987-6147
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Reno: (775) 825-3948
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Seattle: 425-957-6180
Stockton: (800) 622-0192

Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.