Seller's Contact Information

  • RE:  Commercial And Residential Rental Property Invest
  • Contact:  Dick Sullivan
Listing Update!
Update: Commercial And Residential Rental Property Invest is no longer available. We’ve included some similar active listings below that you may be interested in. You can also explore similar listings in the Commercial Real Estate: Office Space, Office Parks Industry.

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

Reason for Selling:

Retirement. Kindly ask the seller for more information.

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

Relevant Links:

Opportunity Update!

Exciting update: Commercial And Residential Rental Property Invest has a new owner due to high interest! More opportunities await. Explore our site for other listings or sign up here for email alerts. Find your perfect business opportunity today!

Asking Price: $369,000

Efficiency Apartments and Manager's Suite

Butler, AL
Choctaw County

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: $856,000

Great Restaurant Real Estate for Sale! Incredible location!

Calhoun, GA
Gordon County

Buy this Restaurant Real Estate for Sale in Calhoun, GA with the 2,500 square foot equipped restaurant in place for only $856,000. The restaurant and property for sale are perfect for an owner who wants a successful business and the ability to control their cost. Priced at $856,000, this is your chance to own a business and property for your own use or as an investment opportunity. Need a drive-thru? This property has one ready to go. Call me today for a visit and to learn more. Location is critical for success. This Restaurant Real Estate for Sale is less than a half mile from the I-75 exit on a main travel corridor.13,400 cars drive in front of this property every day. Incredible visibility and a rare opportunity. Make your mark in this fast-paced industry with a great product and an excellent location. Or maybe, your business plan is to be a landlord with fantastic rent potential. Either way, this property will yield success for you.The fully equipped kitchen and drive-thru are ready for business. This Restaurant Real Estate for Sale can handle a wide variety of concepts. So bring your ideas and your energy and start generating revenue today. This is an incredible opportunity presented by We Sell Restaurants to purchase an existing location for just $856,000. You don't have to wait any longer! You can stop spending time seeking an unimproved location or negotiating lease terms. This Restaurant Real Estate for Sale is the perfect location with high visibility is ready to go. In less than a three radius, this property supports several businesses, schools, I-75 travelers, neighborhoods, and medical facilities.You know that restaurant "build-outs" are expensive and full of wasted time and hassle. Buying equipment, scheduling deliveries, managing contractors, and filing permits can eat away at your investment, your energy, and your opportunity for success. After that, you still have to deal with landlords and arbitrary rent increases and expenses. All of those worries can be put behind you with this rare combination of building property and location. Call me today and let's get started!By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.

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Cash Flow Not Disclosed
Revenue Not Disclosed

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