Business for Sale Overview:
Very nice apartment complex with 6 units: 2-3 bedroom, 4-2 bedroom. Brick exterior, excellent condition new roof in 2005. Appliances less than 3 years old. Net annual revenue $29,400 approximately. Seller feels rent could easily be raised as he has not raised the rates in years. 100% rented. All tenets have been there 5 years of longer. There is a waiting list to get in. Seller is motivated to sell and will consider all reasonable offers. This property is part of a package of 4 properties all in the same area being offered for sale. A really good deal could be had if all 4 are bought as a package.
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:
Very nice apartment complex with 6 units: 2-3 bedroom, 4-2 bedroom. Brick exterior, excellent condition new roof in 2005. Appliances less than 3 years old. Net annual revenue $29,400 approximately. Seller feels rent could easily be raised as he has not raised the rates in years. 100% rented. All tenets have been there 5 years of longer. There is a waiting list to get in. Seller is motivated to sell and will consider all reasonable offers. This property is part of a package of 4 properties all in the same area being offered for sale. A really good deal could be had if all 4 are bought as a package.
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.