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Businesses For Sale   >>   New Orleans Businesses For Sale   

Real Estate Rental Property Company For Sale

Location  New Orleans, Louisiana, United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $95064
Net Profit / Cash Flow  $24000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2001
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned

Description  
M & G Property Investors, LLC - This is a real estate rental property company for sale. This company owns 8 properties. Five of the eight are currently rented. 12 housing units and one commercial building. The commercial building is 5,200 sqft. And sits on a corner lot. The housing units range from 600 sqft to 1,200 sqft. The company's housing units are as follows: three single family homes, one single shot-gun style home, two shot-gun style double houses, and one four-plex. Two of the single family homes are gutted and the other is rented. One of the two gutted homes are three bedrooms and two baths. The other home is a three bedroom and one bath. And the rented single family home is a 4 bedroom two bath home. The shot-gun single is a two bedroom and one bath. The units in the four-plex are all two bedrooms and one bath. One double home is a three bedroom and one bath. The other double home is a two bedroom and one bath. The two gutted single homes are in new orleans east. One of the double homes is in the upper ninth ward. The rest of the homes are in the seventh ward within five miles of each other. Asking for $700,000. Need to sell quickly! Email or call Gerald at 504-452-8552. Please leave a message & a contact number.


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