Metro Lafayette Commercial & Recreational Renta...

Lafayette Metro, LA

Asking Price: Annual Revenue:
$759,000 $140,000

Services: Real Estate

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RE: Metro Lafayette Commercial & Recreational Renta... Broker: Alan Risher

Quick Facts

Asking Price: $759,000
Annual Revenue: $140,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $125,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 324938648
Broker Reference #: BATONLA001-N3187

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Business Overview:

Sunbelt Business Brokers of Baton Rouge has listed for sale a commercial/recreational rental complex business. This business for sale consists of 10 apartment rental units, 4 completely furnished with top end appliances. Furnishings for the other 6 are stored onsite until complex is sold. Also included is an extremely nice 1,500sqft unit completely furnished. This can be living quarters for the owner or leased out. Storage on the property is provided by a 576 sqft climatized storage shed. Building sits on approximately ¾ acre lot. Main building is approximately 6,500 sqft. Business is brand new. Units have never been occupied. Seller has a very substantial other business interests and does not feel he has the time or energy to launch the business. Seller represents that he has been approached by enough individuals looking to lease long term all the units. The apartment units would lease at a minimum of $1,000/month which is what is being offered by interested tenants. Business is located in the metro Lafayette, LA market. It is just across the highway from a major heavy traffic waterway used for interstate water commerce and to support the offshore oil industry. It is just a short drive to Lafayette, La a major metropolitan city with all the amenities. This is an ideal business for an owner/occupier in particular one wanting to be semi-retired. Come see this impressive complex, meet the owner, make offer! Alan Risher is sponsored through Sunbelt Business Brokers of Baton Rouge, sponsoring broker Brandon Bourgeois, telephone number 225-201-0202. Please contract Alan directly at 225-201-0202 for more information.

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Reason for Selling:

Other business interests

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.

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