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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   >>   Illinois Businesses For Sale Categories   >>   

Rental Properties For Sale

Location  Illinois,United States
Asking Price Range  < $250K
Gross Revenues  $27000
Net Profit / Cash Flow  $20575
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2005
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Reason for Sale  Health reasons.
Description  7 single family houses that are great rentals. 5 of them are rented with long-term renters making well over a 10% cap rate. Two are vacant but reasonable in price and need some work to make them rental-ready. Most homes are 2 bedroom 1 bath, one is one bedroom, one bath. Homes are located in Peoria, IL, which is a thriving market despite the economy. House sales are up and rentals are at an all-time high. These homes have many updates and need very little if any, updating, except for one home which needs renovation. Buy all or some in a package deal or individually. Average price per home is $37,628. Buy in package deal and get them much cheaper! Email or call David Castle, Coldwell Banker Devonshire at 309-645-0537 for more information on these Rental Properties for sale.
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