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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   >>   Mississippi Businesses For Sale Categories   >>   

85 Unit Apartment Complex For Sale

Location  Mississippi,United States
Asking Price Range  $5.0M - $10.0M
Gross Revenues  $792000
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2008
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Training  Orientation will be provided.
Reason for Sale  Desire to look at additional investments.
Description  85 Total Apartment Units located in 3 developments under same ownership. All three complexes are located iwthin the city limits of West Hattiesburg. 3 & 4 square are approximately 3 blocks from the University of Southern Mississippi. They back up to the Rails to Trails offering safe travel for students to USM. 1 Square is located in Lamar county directly behind the Grand Theater. Here is a summary of the units. 1 Square 3 Square 4 Square 615 Thornhill Dr. 3414 W. 7th St. 3422 W. 7th St. 2-8 Plex 2 bdrm 1 ba 2-4 Plex 2 bdrm 1 ba 1-4 Plex 2 bdrm 1 ba 2-8 Plex 2 bdrm 2 ba 1-8 plex 2 bdrm 2 ba 6-4 plex 4 bdrm 2 ba 2-duplex 4 bdrm 2 ba 2-duplex 3 bdrm 2 ba 1 offi/apt 1 bdrm 2 ba Summary 1 bdrm 2 ba 1 unit 1 3 bdrm 2 ba 2 duplex 4 4 bdrm 2 ba 2 duplex 4 2 bdrm 1 ba 3 4 plex 12 4 bdrm 2 ba 6 4 plex 24 2 bdrm 2 ba 3 8 plex 24 2 bdrm 1 ba 2 8 plex 16 1 bdrm 2 ba 1 Off/Apt 1 Total Units 85 Actual Gross Selling Complex Units Annual Rents Price 1 Square 32 $249,600 $2,000,000 3 Square 16 $134,400 $1,100.000 4 Square 36 $408,000 $3,056,000 office 1 Totals 85 $792,000 $6,156,000 For more information individual data sheets for each unit are available. Also Income and expense data is available to serious prospects.
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