Owner Financing is Available!
Business Overview:
This is a solid investment opportunity with a great small town location. This property has an excellent rental history and is always full. Same owner of over 30 years wishes to sell and will continue to manage the building if desired by a new owner. Building is in excellent condition with improvements recently completed including new roof, new paint and two new furnaces. This building is set up as an excellent long term investment opportunity.
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:
Well maintained 3,200 square feet building with five units on busy corner of Hwy 55 and Cherry Ave in a lakes area community one hour from the Twin Cities of MN. Tenant #1 - $400/month, Tenant #2 - $475/month, Tenant #3-$450/month, Tenant #4- $1,250/month, Tenant #5 - $200/month. These tenants have been long term tenants and this property never has a vacancy.
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: