Turtle Rock LLC owns the property which includes two parcels that make up the 24 acre park, tax lots 100 and 200. Existing on the 16 acres are 109 RV sites, one 816 square foot bath house with six unisex units each with two headed showers, equipped with handicap ramp access, and one horseshoe court. There is also a 1200 square foot registration office and a 1600 square foot managers quarters with a deluxe spa. Turtle Rock just completed an additional 3800 sq. ft rec room with two kitchens and a exercise facility.
There are thirteen privately owned cottages, ten of which are in the rental pool. Two more have been sold and will be completed by February 2004. Two more are on order.
Each cottage includes private hot tub, fully equipped kitchen, and decks. The rental cottages are well stocked by the owners with everything needed for a very pleasant stay. They sleep four to six and rents range from $119 to $189 a night. Guests have discovered Turtle Rock offers a better value and a more pleasant atmosphere than hotel rooms. Each cottage is decorated by the owners who have done extraordinary jobs with decor.
Sales prices range from $79,900 to $135,000. Using out sourcing for sales Turtle Rock receives $15,000 to $35,000 of the net profit and set up. This amounts to $15,000 to $35,000 per sale.
The resort is in an outstanding location, visible from Highway 101 yet protected from the road enough to make it a very desirable location to stay. Because of it's beauty and location it has tremendous potential. We are on a permitted city water and sewer system.
It is possible to sell twelve to fifteen cottages a year now that the resort is established. This amounts to $427,000 as feasible net profit from sales of cottages alone. Turtle Rock now makes $15,000 to $35,000 net with out sourced sales. That net profit could double to $30,000, to $70,000 if the resort owner set up and sold directly to buyers.
|
|
|
|
|
|
|
|
|