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Asking Price: $369,000

Efficiency Apartments and Manager's Suite

Not Disclosed, Not Disclosed
Not disclosed

Yearly sales are currently $118,000! Net profit is $65,000 per year AFTER paying all other expenses including a Manager's Salary of $13,000 per year that occupies the Manager's Suite onsite.The out-of-town manager will leave upon the sale. Seller's manager can provide one week of training after closing.Perfect for an owner-operator to take home $78,000 per year! That is an extremely high 21.14% Cap Rate!Apartment Complex currently charges $199 weekly and Average Daily Rate is $65!20 rooms plus manager's suite included!New A/C UnitsNew 40” LED Flat Screen TVs!Spacious Living Quarters with 4 Bedrooms & Large Living Space for the ManagerAll 20 rooms are fully booked for two months each year when the Georgia Pacific plant shuts down for cleaning!Recent improvements include freshly painted floors and exterior, along with approximately $50,000 invested in quality upgrades throughout the property. Property includes one acre of land! The traffic count is 5,230 vehicles per day. Located just 20 minutes from a Georgia Pacific manufacturing plant employing 2,500 people, plus minutes from a major gas company and a power plant!Nearby restaurants like Hot Stuff Pizza, Kain's Tex-Mex, Burns & Burns, Bama Crawfish Co, Subway, and McDonald's!Close proximity to Butler Apartments, Linden Apartments, and surrounding rental properties serving Choctaw County!Nearby hotels like The Mason Downtown, Western Inn Butler, and The Mason!Close proximity to Choctaw County Elementary School, Choctaw County High School, Patrician Academy, and U Matter Academy collectively serve over 1,000 students and faculty!Only 45 minutes from Meridian, MS! 1 hr 30 min from Tuscaloosa, AL! 2 hrs from Jackson, MS! 2 hrs 20 min from Montgomery, AL and Birmingham, AL!Asking Price for the Business and Property is only $369,000! Pay less than the price of a house for a fully income-producing property!

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Cash Flow $65,000
Revenue $118,000

Asking Price: $1,200,000

Marine Repair and Boat Sales!

Not Disclosed, Not Disclosed
Not disclosed

Strong seasonal and year-round demand from boaters and recreational users!A cornerstone of Alabama’s boating community, earning a reputation for quality service, integrity, and deep industry knowledge, this business once thrived not only as a premier service and repair center but also as a respected new boat dealership, generating revenues in excess of $5 million annually. Strategically located near several notable recreational lakes and a major river this business is ideally positioned for growth!In recent years, circumstances beyond the owners' control altered the trajectory of the company and limited their ability to continue offering new boat sales. Rather than close the doors, they chose to refocus operations on service, repairs, parts, and used boats, preserving the business’s legacy and continuing to serve its loyal customer base.Today, the company stands on a strong foundation of over 40 years of goodwill, repeat customers, and a reputation for honest, dependable work. With its highly visible location, and loyal customer following, the Broker firmly believes that a new owner/operator could restore new boat sales to the business model, tapping back into its historic market presence and maximizing both revenues and profitability. Purchase price includes the real estate and current parts inventory. Genuine retirement sale!

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Cash Flow Not Disclosed
Revenue $492,244

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