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Updated almost 9 years ago,
Multiple SFD and an Equestrian Hotel - Deal Advice
I am currently evaluating a deal in BC that has 3 separate SFD and a equestrian facility and indoor riding ring. I know this boarders on a land and business investment more then it is a straight income property but the numbers are very attractive.
The SFDs are rented short term in the summer months and long term through the fall and winter. We have split the incomes in the report for each house.
I have attached one of our property reports and would love your expert opinions. If any one has operated a horse boarding property in the past I would love your thoughts. I grew up on a farm and know how to ride but the horse/business side is new to me. One of our partners would be the manager of the facility, her salary is included in the assessment.
Thank you in advance,
Joel
PS I was trying to upload the PDF of our report but could not, please DM me and I can send it to you.
Also I was asked to remove the address for the current owners privacy.