0 Acres in Lake Panasoffkee, FL - $900,000
Finding a well-kept, fully operational kennel in Sumter County has become increasingly difficult. This kennel, located in Lake Panasoffkee, has been extremely well-kept and can board up to 36 dogs, 16 cats and with 19 acres to roam there is plenty of room to expand and even consider boarding for horses. With The Villages only 25 minutes away they are a very strong economic demographic that hasn't been resourced. Due to health reasons Seller is very motivated! Take advantage of this turnkey residence and business during these economic times!
The main residence on this property is a 4 Bedroom/3 Bathroom with a total of 3,535 sq. ft., with tile floors throughout, vaulted ceilings, jacuzzi tub and swimming pool. Also on the property is a 3-car detached garage, 2 kennels with offices, grooming station with an office, and a 1,200 sq. ft. apartment. Come experience this unique prop...
The main residence on this property is a 4 Bedroom/3 Bathroom with a total of 3,535 sq. ft., with tile floors throughout, vaulted ceilings, jacuzzi tub and swimming pool. Also on the property is a 3-car detached garage, 2 kennels with offices, grooming station with an office, and a 1,200 sq. ft. apartment. Come experience this unique property for yourself! To top it all off, the property overlooks a beautifully clear 5 acre pond.
To lease this property, they are asking $5,000/month with the option to purchase the property. If you take advantage of the purchase option, Owner is willing to allow a negotiated percentage of the rent to go towards closing costs and down payment; therefore, you are actually not only leasing, but also building equity!
Security deposit would have to be significant b/c not only are they leasing the real estate, but they are turning their business over; therefore, if things didn't go right they would have to come back in and revitalize the business.
Seller would rather have a significant upfront payment that would be tied to the monthly lease.
For example... a two year lease on this property at $5,000.00/ month would be $60,000/ year with a total of $120,000 in two years. Due to their situation they would like a large upfront deposit tied to the lease in the amount of first years rent, which would be credited to Lessee/ Buyer over the term of the lease. The family is moving out of the country and they can't afford to diminish the business and lease the property only to find that within 6 months Lessee has broken the lease, etc.
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