Many customers come to me with unrealistic expectations…they go something like I want to buy a vacation home that I can enjoy whenever I want “BUT”..I need it to pay for itself as well.
This type of request is often met with “if you are using it how can the rentals support the cost of ownership”?
The only solution is…the price has to be low and the income has to be high, I have just the place for this buyer. But- it is a one time deal.
The Jack O’Lantern condominiums are 6 miles from unit to the Loon mountain ski resort exit…and they are the only resort in the area with an 18 hole golf course on site. One added bonus!... the condo also features a separate lock off hotel room as part of the property.
The Unit features 3 bedrooms (when the suite/lock off is open) plus a loft…for sleeping 8 comfortably. The condo has gas heat, central A/C a screened in porch, Cable TV, Wi-Fi, Indoor and Outdoor Pools, club house tennis and playground area. The Adjacent Golf course offers a pro-shop, lounge, restaurant, and access to river frontage on the Pemigewasset.
Income options: if you are not a skier…a fixed winter lease of net $6,000 is easily attainable and golf season rentals can average another $6,000 net. Or if you wish to use the vacation property and assign rental availability through the on-site program…a net of $10,000/ year is historically an easy target.
There is a No Pet Policy at the resort... which applies to owners & tenants