Apartments Or Motel Accommodations
Location Missouri,United States
Asking Price Range < $250K
Gross Revenues $38000
Net Profit / Cash Flow $3800
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2011
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Other business interest
Description The Mountain Grove Efficiencies is a great starter property for someone who has limited funds to invest in a small business. This property consists of 9 one bedroom apartments with full kitchens and shared dining room, living room, bedroom and bathroom. This is a one story complex that has great frontage to Business Hwy 60 convenient to the center of downtown. The entire property has just been completely renovated and already has 4 existing tenants at a monthly income of $ 1600.00 per month.The owner is willing to do owner financing with $ 15,000. down. Owner is asking $ 135,000.00. This property could be converted into a roadside motel very easily especially since their is only a few motels in town.
The Mountain Grove Efficiencies are located on Business Hwy 60 just south of downtown Mountain Grove.
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