I just toured The Resort and Yacht Club at Toad Cove
The Resort at Toad Cove
Wow, the Resort and Yacht Club at Toad Cove really has delivered on some very big promises. The 60 million dollar property has 116 rooms in a Luxury Boutique style that rivals anywhere in the Midwest. The Condo-tel offers these rooms for sale, ranging from $175,000 to $325,000. These rooms are fully furnished, have full housekeeping and concierge service, plasma TVs, king mattresses, rich mahogany cabinetry, full kitchen, wet bar, and a private patio.
The rental plan is truly a hands off no stress management plan for the investor that wants to have a real estate investment they can use and enjoy themselves. The rooms typically rent from $200 to $400 a night. The management fee is 50%, you will receive a statement detailing the rental history. The resort is working hard to drive year round convention business to help with off-season rentals.
Call John Garrett for more information on this investment opportunity, Call 573-302-2320.
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