While Away Lodge is located in a very restricted subdivision close to Broken Bow Lake and Beavers Bend State Park. It features a 300sqft screened in porch and 2,150sqft of a/c space. It has a new 8 person hot tub under a newly constructed cabana, a regulation horseshoe pit and playground for the kids. The complete A/C was replaced in 8/15. This is an investor's dream, having gross revenue of $70,000 per year, and net income of $35,000 (unlevered) and $24,000 with 80% third party financing. This will provide an 8.5% unlevered return and a 26% return with an 80% loan. And that is with only 55% occupancy - the rest of the year you and your family get to enjoy it. This lodge is one of the top rentals in the Hochatown area. Being sold furnished and as a turnkey operation.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
