3 ms·
"15,000 CAVE VISITORS A YEAR GROSSING $200,000 A YEAR NETTING $75,000 A YEAR $500,000 FOR CAVE AND 27 ACRES $725,000 FOR CAVE AND 70 ACRES that also has a
by Zaheer 9y ago
"15,000 CAVE VISITORS A YEAR
GROSSING $200,000 A YEAR
NETTING $75,000 A YEAR
$500,000 FOR CAVE AND 27 ACRES
$725,000 FOR CAVE AND 70 ACRES
that also has an undeveloped cave on it"
http://arkhaven.org/arkansas_real_estate.htm http://arkhaven.org/arkansas_real_estate.htm
$75K / year net on a $500k property isn't bad at all (~15%). With a bit of work the property could have even more potential.
- greglindahl 9y ago... no mention of how much liability insurance would cost.
- Chickenosaurus 9y agoThe net profit should already account for all costs including liability insurance.
- gbrits 9y agoemphasis on should
- cweagans 9y agoI think that might be a different cave, but your points stand.