Rainbow’s End Resort – Lakeside, AZ
December 3, 2019
Lakeside, AZ Offered for sale at $1,190,000
Unique resort on the only lake with hotel accommodations in the white mountain area. Opportunity to own your own fishing resort and live in the cool mountains of Arizona. Call LA for financials.Seller/agent would consider a trade and can be creative in this transaction. Small assumable note and seller would consider owner financing -so many possibilities on this one-of-a-kind property.15 kitchen/kitchenette rooms on the shore of Rainbow Lake, which includes a manager/owner 2br. 2ba.. Some with full lakeviews. Large waters edge property that is Apx. 300′ of lakefront with boat dock and pier.The resort has been tastefully restored to a nice vacation place for guests with return visitors from all over the world(check us out @ onrainbowlake.com)-This is a money maker that includes boat rentals, boat dock and a small pier. Sold out all summer and good income throughout the rest of the year.See pictures to get the feel of the resort, then go to www.onrainbowlake.com web site to see room pictures.There is a no qualifying assumable 1st note that anyone can assume.Seller may carry a small portion of the rest. A large down is required or some Tucson NW property/home trade is possible. 1 of the sellers is a licensed real estate broker in the state of Arizona.
- Offered for sale at $1,190,000
- Average Daily Rate: 125
- Annual revenue is $220,000
- Terms: No Qualifying assumable note, Owner carry with 300K down