Ocean Front 5 acres Income Resort 1031 Exchange

Ensenada,

Ocean Front Resort


Asking Price: Annual Revenue:
$7,500,000 Not Disclosed

Services: Real Estate


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RE: Ocean Front 5 acres Income Resort 1031 Exchange Broker: Michael Floorman
License #: 01160661
Owner Financing is Available!
Seller will finance half of selling price

Quick Facts

Asking Price: $7,500,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $7,500,000
Year Established: 1960
Employees: 10
BBN Listing #: 9646931
Broker Reference #: 8500

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Business Overview:

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 $0.6M+ 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.

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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