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Passive Hotel & Condo Real Estate Investment
Location: United States -> Florida -> Miami - Dade
Industry: Hotels and Holiday Accommodation > Hotels

Business Summary

Passive Real Estate Investment making 7% + Return. For $610k you can earn 7 percent on your money each year or more. Own 2 hotel condos directly on Ocean Drive in the heart of all the action in South Beach. 2 units packaged together - 1 studio + 1 bedroom unit. Absentee owner- 0 Hours/week worked by the owner.

Selling price=$610,000
For more information,please contact Russell Cohen @ 954-900-2685


Asking Price Range:  $500K - $1.0M
Gross Revenues:   $72,000
Cash Flow:   $42,381
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2018
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Reason For Selling:  Other R/E Investing.


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Passive Hotel & Condo Real Estate Investment Photo 1

Print Listing Id: 700343653
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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

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

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