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Business For Sale
PROPERTY MANAGEMENT AND INVESTMENT BUSINESS
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Asking Price: |
$8,000,000
USD USA Dollars
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Business for Sale Industry: |
Services: Real Estate
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Year Established:
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1984 |
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# of Employees:
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5 |
Business for Sale Overview:
Located in Peoria, this business operates as a property management and investment firm. This business manages approximately 31 rental properties which include single family units, multi family units, and commercial office spaces. This business purchases and renovates properties, and then places the properties on the rental market. By investing capital in some of the properties, a new owner could raise rent which would increase profits. The owner is willing to work short term for the new owner, and is willing to finance 20-30% under negotiable terms. Inquire Today!
Property Features and Assets:
31x Properties Included. Office space can be leased from owner or relocated. Office space is approximately 1,000 sq ft.
Market Competition and Expansion:
This business can be further expanded with capital investments to some properties.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not 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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