2784 Pea Ridge Road, City Not Found, CT, 28756 | $950,000

Looking for an established Income Producing Investment? Introducing Two Income-Producing Air-BnB’s in Close Proximity to Tryon International Equestrian Center. Welcome to a remarkable opportunity to own not just one, but two income-producing Air-BnB properties in the sought-after area near Tryon International Equestrian Center. These fully furnished and meticulously maintained properties are a seamless transition for buyers looking to step into a successful Air-BnB business with a proven track record. The first property is a charming New England style shingled cottage, 3 bedrooms and 3 bathrooms, complete with a separate carport. Step inside and be greeted by the inviting ambiance created by oriental rugs, local artwork, and ship lap accents that seamlessly blend with the horsey decor. Comfortable furniture provides the perfect spot to unwind while enjoying breathtaking mountain views. The modern kitchen with stainless appliances makes it easy to prepare meals, whether you choose to dine in or explore the culinary delights at the three TIEC restaurants located less than a mile and a half away. Additionally, the lovely front porch is a serene spot to take in the Mountain View and relax. The second property is a gated and light-filled comfortable 2-bedroom 2-bathroom home, designed for the discerning traveler. The upscale furnishings and attention to detail ensure a luxurious experience, while the fine sheets, comfy beds, and plush towels provide the ultimate in comfort. This property is perfect for those seeking a relaxing retreat after a long show day at TIEC. What sets this property apart is its close proximity to the equestrian center, allowing you to check on your horses within a quick three-minute drive. Both properties are turnkey Air-BnB business sites, conveying with all the furnishings and boasting a collection of stellar 5-star reviews. This means that you can seamlessly continue the successful operation of these income-generating properties, providing an immediate return on investment. Whether you are an experienced investor or an individual looking to enter the lucrative short-term rental market, these two fully furnished and well-reviewed Air-BnB properties present an exceptional opportunity. The combination of their close proximity to Tryon International Equestrian Center, the established Air-BnB business site, and the impeccable furnishings make this a truly compelling investment. Don't miss out on the chance to own these income-producing Air-BnB’s and capitalize on the thriving equestrian community and tourism in the area. Schedule a viewing today and envision the endless possibilities that await you with these exceptional properties.

Features

  • Amenities: None
  • Bedrooms: 5
  • Baths: 5 full
  • Laundry: 1st Floor, Walk-in, Laundry Room
  • Style: Traditional
  • Garage: 2-car Detached
  • Heating: Electric
  • Cooling: Electric
  • Basement: None
  • Acreage: 1
  • Est. Taxes: $2,246
  • Lot Desc: 1/2 - Acre, Sloped, Few Trees
  • Elem. School: Other
  • Middle School: Other
  • High School: Other
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater
  • MLS#: 1537618
  • Days on Market: 5 days
  • Website: https://www.raveis.com
    /prop/1537618/2784pearidgeroad_citynotfound_ct?source=qrflyer
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Listing courtesy of Blackstream International RE   Phone: 864-920-0303

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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2784 Pea Ridge Road, City Not Found, CT, 28756

$950,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $760,000 $760,000 $760,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.000% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.963% 5.983% 5.805%
Monthly Tax Payment $187 $187 $187
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,080 $4,496 $6,260
Total Monthly Payment $4,359 $4,775 $6,539

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.