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Apartments For Sale - Great Deal
Location: United States -> Florida
Industry: Real Estate > Other Real Estate




Business Summary

I have found a 200 unit apartment community in a great location selling for about half of what equivalent properties are selling for at $6.7 million, which is about $33,500 per door.

I need one investor with $450,000 to close and would give half interest for an investment of that amount. Could be stabilized at about 92% occupancy in 12 - 24 months at which time a complete refi would be done, repaying that investment plus preferred return while still owning 50 Email or call 330-208-0143 for more information on these Apartments for sale.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $120,000
Cash Flow:   $45,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $6,700,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1990
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Reason For Selling:  Need cash-cash flow not known at this time.




Print Listing Id: 700126283
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Related Searches: Commercial and Residential Real Estate Brokers  >  Mortgage Brokers  >  Title and Escrow  >  Other Real Estate  > 

Also See: Franchise Opportunities > Franchise Resales > Florida Businesses For Sale > Florida Franchises For Sale > Florida Business Brokers



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