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Apartments For Sale - Great Deal

Location  Florida,United States
Asking Price Range  $250K - $500K
Gross Revenues  $120000
Net Profit / Cash Flow  $45000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1990
Number of Employees  4 - 5
Inventory  6700000
Relocatable  No
Number of Employees  4 - 5
Real Estate  Owned
Reason for Sale  Need cash-cash flow not known at this time.

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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