Commercial and Residential Rental Property Invest

Not Disclosed, KY


Asking Price: Annual Revenue:
$2,854,500 $271,392

Commercial Real Estate: Office Space, Office Parks


Request More Information
Contact the Seller

RE: Commercial and Residential Rental Property Invest Broker: Dick Sullivan
Owner Financing is Available!
1000000.00

Quick Facts

Asking Price: $2,854,500
Annual Revenue: $271,392
Net Profit: Not Disclosed
Cash Flow: $271,392
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $2,854,500
Year Established: 2015
Employees: Not Disclosed
BBN Listing #: 870758549
Broker Reference #: 94356-281906

Email or Print Listing

Request More Information
Contact the Seller


Business Overview:

Income Producing Investment Portfolio that includes a combination of Commercial and Residential Rental Properties. Includes 22 residential units (apartments) and 3 Commercial Units. All are currently rented with long term leases and Tenants in place who wish to stay. Tennessee locations include the Columbia (2 sites/7doors), Clarksville(3 sites/4 doors), and Mt. Pleasant (2 sites/2 doors) areas. The remaining sight is located minutes away from the TN border in Hopkinsville KY right across the border of TN and includes 9 recently rehabilitated residential units as well as three commercial units. All three locations have Tenants in place and collect a total of $22,616.00 per month. All three locations are in opportunity zones which allow for a tax free transfer assuming the new owner holds the properties for at least one year. Seller is willing to finance $1,000,000.00 of the total sale price. This is a turnkey operation with minimal attention required by ownership. Option to Purchase sites separately or as a combination of the entire investment portfolio. By request of the Owner this sale is required to be structured as a Stock Sale.

-Cap Rate of 10.52
-As Is, Inspections for Information Purposes Only
-Opportunity Zones applicable for all three locations
-Annual Rent $271,392.00
-Montly Rent $22,616.00
-Seller Financing Available up to $1,000,000.00
-No Interior Photos as Tenants are in Place

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • 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.

Relevant Links:

Request More Information
Contact the Seller



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!