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Business For Sale

Apartment Bldg with Rare Vacancy! Price Lowered!

Clarissa, MN, USA

Commercial Real Estate: Multifamily

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$329,000
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
Not Disclosed
0
1660391
Owner Financing is Available

Business for Sale Overview:

This is the only apartment building within 25 miles open to everyone. (As opposed to just Low Housing or Srs.) No advertising necessary, strictly word of mouth. This property has an excellent rental history with a rare vacancy. Currently 100% occupied. Qualifies for House Rent Allowance (have 4). Remodeled under the USDA grant program approximately 4-5 years ago. Coin operated Laundry provides additional income. See www.cbcorion.com for more details and slideshow.

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:

8 Total units, 1 – One bedroom; 7 - Two Bedrooms. 6,720 Square Feet building; Horizontal steel siding and a shingled roof; asphalt surface lot parking. Two story frame over 4” poured concrete slab/footings. There is one main entrance on each side of the building. Outside storage shed included.

Additional Details:

  • The property is owned.
  • The owner is 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.

Resources:

 

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