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Business For Sale
MULTIPLE COLLEGE PROPERTIES. HUGE CASH FLOW!
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Asking Price: |
$8,000,000
USD USA Dollars
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Business for Sale Industry: |
Commercial Real Estate: Multifamily
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Reason for Selling:
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Semi-Retirement |
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Year Established:
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1988 |
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# of Employees:
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2 |
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Yearly Revenues:
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$800,000 |
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Yearly Cash Flow:
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$550,000 |
Business for Sale Overview:
The sale includes 2 office Buildings, 3 apartment buildings with a total of 54 rentable college units, and 12 single family houses with multiple rentable units per home. The owners of the management company have been doing this for over 25 years and are ready to semi-retire.
Property Features and Assets:
All of the properties have been recently appraised. Combined value over $8,000,000. Properties are always 100% leased for 10 months during the school season, and partially during the summer months.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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