Request More Information Contact the Seller
- RE: Do You Need A $1.4M Write Off For 2025?
- Contact: Elliot
Quick Facts
| Asking Price: | $1,885,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1002602 | |
| Broker Reference #: | 189597-473442 |
Business Overview:
Opportunity to purchase a "special purpose" property, so you would be able to write off approximately $1.4 million of the $1.885 million (everything except the land value) in the first year. That loss can be used to offset other real estate income you have this year which is a great benefit! The loss can also be carried forward to use against future income if you don't use it all in 2025. In addition to the tax benefit, you would get a 7% cash on cash return from day one based on the 132k triple net rent. The tenant takes care of 100% of all costs associated with the property so there's no responsibility on the landlord. *Cash buyer only*
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Reason for Selling:
Property Upgrade. 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
Relevant Links:
- View more New Jersey businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
