BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!

Business For Sale

Apartment Management Business

Auburn, AL

Services: Real Estate

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$449,900
$72,893
Not Disclosed
$60,093
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
$500,000
1987
Not Disclosed
570436250
Owner Financing is Available!
Seller will consider financing qualified buyer with reasonable down payment.

Business Overview:

Turn key opportunity comprising of two separate apartment complexes - very high occupancy rate. Long term tenants. 25 years property management history. New roofs and paint. Room to build additional units on land. Adjoining lots also available by separate negotiation. Priced below appraisal for quick sale!

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:

Two separate and distinct properties comprising of ten duplexes situated on a 3.31 acre and 1.9 acre tract in a neighborhood containing other multi-unit and single family residential properties. Each duplex has two units (either 2 or 3 beds, kitchen, dining area, living room &1 bath). Total square footage is estimated to be 18,864 (each unit between 768 & 996 sq. ft.). Seller will provide training and handover period.

Reason for Selling:

Retirement.

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.

Resources: