Multi-Use Income Property For Sale
Location:
United States
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Arizona
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Graham County
Industry: Real Estate > Other Real Estate
Business Summary
Profitable multi-use income property for sale with warehousing, apartments, dormitory-style rooms, and two business space rentals on 5 acres +/-. Cap Rate = 10%.The current occupancy rate ranges from 74-100% across all rental units. Apartments and most rental units, except one business rental, are newly constructed. Total estimated value of land and all improvements is $4,965,000! Contact agent for extensive history and rental information in file. The area supports other warehouse, apartment, and business space rentals. The seller offers very competitive rates and amenities. The local economy is strong and may be able to support more rental units on 3 acres +/- currently undeveloped and included in the sale. Large mining interests in the area are driving above average growth in many business sectors. 51000 sq ft, stand alone: Size of facilities is approximate. Property includes 6 warehouse units, 18-unit apartment building, a duplex, 19 -dormitory-style units, 2 fitness center facilities, an attached manufactured home. About 5,000 SF are vacant, but ready for build-out. Sale Price $2,800,000 includes Real Estate valued at $2,800,000. Email or call Jerry Crandall 928-445-1144.
Financials
Asking Price Range: $2.5M - $5.0M
Gross Revenues:
$385,436
Cash Flow:
$282,816
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 1975
Number of Employees: 1 - 3
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Negotiable.
Reason For Selling: Retirement.
Click on the "I'm Interested" button above for more information on this Real Estate > Other Real Estate business for sale.
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Print Listing Id: 700114789
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