Units Income Producing Asset For Sale

www.GlobalBX.com

Listing ID: 700135652

Listing Title: Units Income Producing Asset For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=135652

Industry: Real Estate

Industry Segment: Other Real Estate

Country: United States

State / Province: Georgia

Area

City: Decatur

Asking Price Range: $500K - $1.0M

Gross Revenues: $196,080

Cash Flow: $87,672

Cash Flow Type: EBITDA

Year Established: 2006

Number of Employees: 1 - 3

Business Description:
Discount sales price: $55,000 per unit (property tax value - $103,000). Cap rate 8.85% and pro forma 10.35% (17 units are fully leased at $800 - $950 per unit). Rent roll is verifiable. Uptrend: - management fee is currently 8.5% - market average is 6% - 5 units are under lease option agreement - below income producing value - new construction - 2006 Contact for more information on this property for sale.



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