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Businesses For Sale   >>   Alberta Businesses For Sale Categories   >>   

2 Excellent Rental Properties

Location  Alberta,Canada
Asking Price Range  $250K - $500K
Gross Revenues  $35000
Net Profit / Cash Flow  $20000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1975
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Description  2 excellent rental properties located in Red Deer, Alberta, Canada. Each house is rented by the room, and there are 6 rooms in each rental. Typical rent is between $400-$500 per room. The garage is also rented monthly, approximately $200 per month. The rentals are normally full. Each rental has a high capitalisation rate (between 7-9%). Can purchase one or both rentals. If desired low rate variable mortgage can also be transferred if this is feasible. If you would like more information, please inquire.
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