Confidential, FL
Lee County

Asking Price: Annual Revenue:
$2,450,000 $336,250

Services: Real Estate

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RE: Confidential Broker: Joe Alter

Quick Facts

Asking Price: $2,450,000
Annual Revenue: $336,250
Net Profit: Not Disclosed
Cash Flow: $283,960
Total Debt: Not Disclosed
FF&E: $114,000
Real Estate: Not Disclosed
Year Established: 2004
Employees: 2
BBN Listing #: 831951178
Broker Reference #: NAPFL001-N67

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Business Overview:

This Realtor owned Property management business in SW Florida comes with two Quadplexes that were renovated in 2018. The properties have advanced booking through April of 2022 with 1/3 down deposits. The owner lives in one unit and rents out the other 7 units on a weekly basis. The property is located just one block form the beach and in close walking distance to many bars and restaurants. The Cap Rate is 16.81%

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Reason for Selling:

Moving to the Keys

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

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