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Businesses For Sale   >>   Real Estate Businesses For Sale

Rental Portfolio Of 7 Single Family Homes

Location  Georgia,United States
Asking Price Range  < $250K
Gross Revenues  $56760
Net Profit / Cash Flow  $38751
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1999
Number of Employees  1 - 3
Inventory  300000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Training  May consider
Reason for Sale  Need cash for other ventures

Description  
17% return from day 1. Business includes a small rental portfolio of 7 single family homes in the Atlanta metro area (zip codes: 30058, 30297, 30310, 30315). All homes have been renovated within the past 5 years and have strong rental histories. Currently gross monthly rent: $4,730/month. The package price of $227,950 will generate a 17% return (cap rate) after expenses. Individual properties may be excluded from the package at buyer's discretion. Additionally, seller has other properties which may be included for a larger sales price. Owner may consider staying on as property manager for a brief period after the sale to allow for a transition to the new manager/owner. Seller is happy to provide further details upon request, but please do not disturb the current residents. For more information please contact at 678-860-1901.


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