Apartments For Sale - Great Deal

Listing ID: 700126283

Listing Title: Apartments For Sale - Great Deal

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Industry: Real Estate

Industry Segment: Other Real Estate

Country: United States

State / Province: Florida



Asking Price Range: $250K - $500K

Gross Revenues: $120,000

Cash Flow: $45,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1990

Number of Employees: 4 - 5

Business Description:
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.

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