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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Georgia Businesses For Sale Categories   >>   

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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