Property Listing No Longer Available for Sale

630 Kenmoor SE Ste 101, Grand Rapids, MI

Resort for Sale - $5,800,000 - 16,000 Sq. Ft. on 3.3 acres


Property Info

CIMLS#972513
Location
  630 Kenmoor SE Ste 101
  Grand Rapids MI 49546
UpdatedJanuary 19th, 2018
TypeResort
Price$5,800,000
Building16,000 Sq. Ft.
Land3.3 acres

Property Description

Offered for the first time, this one of a kind yoga retreat resorts offers limitless oceanfront opportunities. A main home offers a comfortable quarters for an owner operator or resident manager. Situated on the SE shore of Ambergris Caye, right on the world's second largest barrier reef, Ak'bol Resort is currently being operated by an owner operator focused on providing a traditional tropical yoga zen-like retreat. Opportunity exists for the next owner to increase occupancy and cash flow tremendously with a little marketing and aggressive attention to sales. Other facets of increased revenue exist in the form of an addition of the third floor to the two story, 30 unit dormitory, or complete re-development of the property. a 300 foot dock leads to a 1400 square foot platform for sunrise group yoga, corporate team building events or meditation. Three hundred feet of prime beach frontage offers SUP/Kayaking experiences, lounging in the sun in a hammock or chaise, and fishing from shore. A true paradise getaway that is waiting for a fresh injection of business acumen and marketing effort.

Location Description:

Tres Cocos area yoga retreat with a phenomenal ocean front location. Faces Southeast on Ambergris Caye. Nestled right off the second largest barrier reef in the world, this one of a kind piece of land offers many opportunities for continued operation or re-development.

Highlights:

>> Multi faceted Yoga and retreat style resort

>> Ocean front with three private ocean front cabanas and four ocean view cabanas

>> Separate two story (expandable to three story) thirty unit dormitory with single and double rooms

>> 1400 square ft. sheltered platform with thatched roof sits at the end of 300' dock.

>> Re-development opportunity exists

>> Onsite restaurant with full bar service

>> Cabanas feature a thatched roof for that full island experience

>> Contact an Associate for detailed financial information

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Financials