Municipal Water & Sewer District For Sale
Location Texas,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $220000
Net Profit / Cash Flow $100000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1994
Number of Employees 1 - 3
Inventory $1100000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Management Company Available.
Reason for Sale REO - Bank owned property.
Description Municipal water and sewer district for sale in private subdivision on Lake Conroe, 60 miles Northwest of Houston. Currently 100 homes on-line, and over 500 paying stand-by fees. Annual revenues of $220,000 and $100,000 cash flow. Bringing an average of 10 new homes on-line per year. District has potential and property to expand to over 800 homes on-line. Profits will grow accordingly. Outstanding ROI. Asking $1,650,000. Bank REO, motivated seller. Additional real estate and lots with developer rights also available. Call Richard Allen at (303)-981-0700 qualified buyers only.
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