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Business For Sale

MCMF0127 APARTMENT COMPLEX

Attn: Mike Fendley
Port Saint Lucie, FL, USA
Listing Number: "MCMF0127"
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Asking Price: $795000 USD USA Dollars
Business for Sale Industry: Commercial Real Estate: Multifamily  
Yearly Cash Flow: $105,863
Yearly Gross Income: $149,760
 

Business for Sale Overview:

Port Saint Lucie apartment complex investment opportunity! The apartment complex consists of charming one story units. The landscaping is beautifully maintained with lush green grass, decorative plants and flowers and a large courtyard patio in the middle which would make a great spot for a pool. Each unit is unique. These one, two, and three bedroom cottages are complete with kitchenettes and fully tiled bathrooms. The units all have new stoves and air conditioners. All of the buildings have brand new metal roofs to accentuate the Caribbean style architecture. All of the buildings have new exterior paint in a tropical color. The property is very quiet and peaceful. The laundry room is fully equipped for all tenants to use. These units are typically at 100% occupancy. This is income producing investment and is a great business. A significant feature about the property is its convenient location. If you love boating and the beach, you can reach several nearby marinas and Treasure Coast Beaches. Located within minutes of I95 or the Florida Turnpike. Do not miss out on this incredible opportunity to own a prime piece of commercial property in a highly desired area. Original construction in 1957 with upgrades and additions in 1961, 1971, and 1980.


Property Features and Assets:

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Additional Details:

  • The property is owned.
  • The owner may be willing to train/assist the new owner.
  • The owner may be willing to work for the new owner.
  • This may become a homebased business opportunity.
  • This may become a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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