Commercial And Residential Rental Property

www.GlobalBX.com

Listing ID: 700365884

Listing Title: Commercial And Residential Rental Property

Quick Link: http://www.globalbx.com/listing.asp?bId=365884

Industry: Real Estate

Industry Segment: Commercial and Residential Real Estate Brokers

Country: United States

State / Province: Kentucky

Area

City:

Asking Price Range: $2.5M - $5.0M

Gross Revenues: $271,392

Cash Flow: $271,392

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2015

Number of Employees: 1 - 3

Business Description:
Commercial and Residential Rental Property Investment Portfolio Income Producing Investment Portfolio that includes a combination of Commercial and Residential Rental Properties. Includes 22 residential units (apartments) and 3 Commercial Units. All are currently rented with long term leases and Tenants in place who wish to stay. Tennessee locations include the Columbia (2 sites/7doors), Clarksville(3 sites/4 doors), and Mt. Pleasant (2 sites/2 doors) areas. The remaining sight is located minutes away from the TN border in Hopkinsville KY right across the border of TN and includes 9 recently rehabilitated residential units as well as three commercial units. All three locations have Tenants in place and collect a total of $22,616.00 per month. All three locations are in opportunity zones which allow for a tax free transfer assuming the new owner holds the properties for at least one year. Seller is willing to finance $1,000,000.00 of the total sale price. This is a turnkey operation with minimal attention required by ownership. Option to Purchase sites separately or as a combination of the entire investment portfolio. By request of the Owner this sale is required to be structured as a Stock Sale. -Cap Rate of 10.52 -As Is, Inspections for Information Purposes Only -Opportunity Zones applicable for all three locations -Annual Rent $271,392.00 -Montly Rent $22,616.00 -Seller Financing Available up to $1,000,000.00 -No Interior Photos as Tenants are in Place



« Close this window »