PE
North Rustico
C0A1N0
7910 Cavendish Road
7910 Cavendish Road, North Rustico, PE C0A1N0
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Listing Type
Single Family
Listing Status
Active
50
$1,649,000

Home Details for 7910 Cavendish Road

Price
$1,649,000
Type
Residential
Year built
1985
Listing #
202611251
Property Description

Nestled on 2.5 scenic acres along Prince Edward Islands iconic Green Gables Shore **7910 Cavendish Road known as The Graham Inn presents a premier commercial hospitality investment offered at an impressive approximate 11% cap rate. The sprawling 6500 sq ft property features 8 elegant guest bedrooms all with private ensuite baths a high capacity chefs kitchen and resort style wellness amenities including an indoor heated saltwater pool sauna and an outdoor event pavilion. Providing incredible versatility the layout also includes a private owners suite that is completely separate and not included in the official guest room count. The propertys prime location sits right alongside the PEI National Park on Route 6 placing guests just minutes from world class white sand beaches championship golf courses and premier local attractions like the Green Gables Heritage Place Avonlea Village and Shining Waters Family Fun Park. Plus a quick three minute drive into nearby North Rustico offers easy access to local grocery stores liquor outlets and exceptional coastal dining. What truly sets this asset apart is its exceptional ease of ownership and streamlined operations. Rather than managing tedious daily individual room bookings the entire inn is rented out all at once to large groups of up to 22 guests significantly reducing overhead and administrative hassle. Operational efficiency is maximized during the peak summer tourism season with a strict 5 night minimum stay policy which guarantees low turnover and highly predictable revenue. Offering immediate lucrative cash flow from day one the property is already almost fully booked until October making this a rare hands off high yield opportunity in Atlantic Canadas most celebrated vacation destination. (id:31684)

Property Features
    Listing Courtesy: CENTURY 21 NORTHUMBERLAND REALTY
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    EXIT REALTY PEI
    41 MacLeod Crescent, Charlottetown, PE C1E 3K2
    Steve Yoston
    License #: 2568
    Franchisee
    Office
    902 892 7653
    Agent
    902 393 3868
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