Business for Sale Overview:
Here is your chance to park some money to earn a 8.5% Cap rate with a self serve, hands off property in Marietta. It has 106 units and two rented apartments on site. The land is totally built out but currently has only 75% occupancy. The facility is as easy as can be to operate. Your biggest job is going there a couple of days a week to pick up money. Currently grossing $6,500-$7,000 per month. Take out the monthly expenses and you are left with $4,500 plus, on the low end. With a little marketing you should be able to increase the occupancy and as people leave, fix up the place and charge more. Then wait for property values to rise in this very prime location and you re off to the races. Contact me today.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Included in the Asking Price:
Real Estate: $655,000.
Facilities: 106 units plus 2 rented apartments.
Reason for Selling:
Wants to focus on other projects.
Additional Details:
- The property is owned.
- The owner may be willing to train/assist 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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