+/- 4. 5 ACRES, EVENT VENUE, FURNITURE, EQUIPMENT & SUCCESSFUL BUSINESS For Sale Welcome to Hollow Oak Barn, a one of a kind Wedding and Event Venue situated on approximately 4. 5 acres with stunning views of rustic country landscape. Drive down a long winding driveway alongside fenced pastures to reach this highly sought-after destination. This location is perfect for weddings, receptions, parties, gender reveals, baby showers, family reunions, company or family holiday parties and more. If you’re looking to be surrounded by nature and scenic views, Hollow Oak Barn is the place. The Barn can comfortably seat up to 250 – 300 guests and makes the perfect spot for breathtaking event photos. Hollow Oak Barn boasts over 4, 500 square feet of inside entertaining space and over 3, 700 square feet of covered outdoor deck space. There is plenty of space for an indoor or outdoor ceremony! Complete with a spacious 16’ x 20’ Bride's Room with half bath, and Full-Service kitchen with multiple refrigerators and coolers, covered service entry, Two fireplaces; one indoor and one outside under the back porch with gas starters. There is ample parking and bathrooms to accommodate venue guests. Hollow Oak Barn opened in July of 2019 and in spite of COVID, had immediate success. Step right into a great business with immediate and generous earnings, See website for rates. Seller will train buyer to ensure a smooth transition. Other features and items that convey are Outdoor Chapel with storage for ceremony chairs, 3 Ceremony Arbors, Silo Bar, 12x20 Grooms’ Cabin with full bath, serving bar with sink, mini frig and lounging area, Wagon painted with Hollow Oak Logo, 4 Live Edge Serving tables, 250 Padded Wooden Venue Chairs, 250 Padded Wooden Ceremony Chairs and 4 Bar Height Patio Tables. P/O 519-00-00-018 & P/O 519-00-00-006
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Our Executive Mortgage Banker:
Our Insurance Division:
$975,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $780,000 | $780,000 | $780,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $601 | $601 | $601 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,994 | $5,059 | $6,848 |
Total Monthly Payment | $5,687 | $5,752 | $7,541 |
* 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.