Prime Investment Property With Very Good Cash Flow
Location New Jersey,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $205000
Net Profit / Cash Flow $167000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2004
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Yes.
Reason for Sale Elderly Couple lives to far to manage.
Description Property located 3 miles from midtown in Union City , New Jersey and it is corner property with very good foot traffic and a major stop for buses coming into NYC. 3 floors 17 room house bringing a weekly cash flow the monthly Cash flow is $ 11,600. 3 retail components 1. Hair saloon paying $1850 2.Pizza at $ 2500 per month and 5% increase 3.an office paying a $1000 per month Total retail monthly of $ 5350. Total Expenses $ 34k and change this is 8.5 cap property to start and there is more upside potential when we talk on the phone.
Principal investor and serious inquiries only. Must response with full name company info and phone number.
No brokers please.
Click Here To Contact Seller
|
|