Description
Great property in quite country setting. This custom Barndominium has so many extra features that make it spectacular for entertaining and family enjoyment. Not only does it have a large barndominium with a theater room, two master suites, it also includes two luxury tiny homes. Perfect for company, when extra family visits, in-law suite, or it has a rental income for the whole property through airbnb... with the previous owner. It features a large open concept kitchen with island, dining and living area. The theater room is complete with large screen, projector, and reclining theater chairs, all theater equipment included. The two large master suites or mother-in-law suite both have a full private bath and large spacious rooms. Theater room could be 4th bedroom or bonus room. Large walk in pantry and laundry room. Owner recently added cement to storage buildings and other upgrades such as crush and run down driveway, storage shed with electricity, on demand Tankless hot water heater, garbage disposal upgrade and more. Investor opportunity to acquire: A 3BR/2BA home + theater room + 2 Luxury Tiny Homes + 1.53 acres + three potential STR revenue streams + an established hospitality concept. At the current conservative 35% occupancy assumption, the property has the ability to produce approximately $70,000 annually. Increasing occupancy to only 50% pushes projected revenue beyond $100,000 annually, with additional upside available through direct bookings, dynamic pricing, improved marketing, packages, events, and other hospitality revenue. Great investment based on the real estate, improvements, three-unit hospitality configuration, and income-producing potential.
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0BEDS
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1.53ACRES
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0BATHS
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01/2 BATHS
School Information
Description
Great property in quite country setting. This custom Barndominium has so many extra features that make it spectacular for entertaining and family enjoyment. Not only does it have a large barndominium with a theater room, two master suites, it also includes two luxury tiny homes. Perfect for company, when extra family visits, in-law suite, or it has a rental income for the whole property through airbnb... with the previous owner. It features a large open concept kitchen with island, dining and living area. The theater room is complete with large screen, projector, and reclining theater chairs, all theater equipment included. The two large master suites or mother-in-law suite both have a full private bath and large spacious rooms. Theater room could be 4th bedroom or bonus room. Large walk in pantry and laundry room. Owner recently added cement to storage buildings and other upgrades such as crush and run down driveway, storage shed with electricity, on demand Tankless hot water heater, garbage disposal upgrade and more. Investor opportunity to acquire: A 3BR/2BA home + theater room + 2 Luxury Tiny Homes + 1.53 acres + three potential STR revenue streams + an established hospitality concept. At the current conservative 35% occupancy assumption, the property has the ability to produce approximately $70,000 annually. Increasing occupancy to only 50% pushes projected revenue beyond $100,000 annually, with additional upside available through direct bookings, dynamic pricing, improved marketing, packages, events, and other hospitality revenue. Great investment based on the real estate, improvements, three-unit hospitality configuration, and income-producing potential.
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