Upscale Apartment Complex For Sale
Location Missouri,United States
Asking Price Range $5.0M - $10.0M
Gross Revenues $493000
Net Profit / Cash Flow $378289
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2009
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Seller is willing to provide any necessary training.
Reason for Sale Other interests.
Description REAL ESTATE: Three year old up-scale apartment complex located near major metro area. Property includes a club house with work out facilities, swimming pool and additional land to add additional buildings. There are a total of two buildings in place with 30 units in each building. Each building has a mixture of studio, one bedroom, two bedroom and three bedroom units. The occupancy rates on this beautiful complex typically run 96% to 98% full all of the time. Many long term tenants. Assumable long term low interest loan is also available.
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