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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.

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21 Unit Apartment Building & 6 Houses For Sale

Location  South Carolina,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $98220
Net Profit / Cash Flow  $80066
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1986
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Training  Training is available.
Reason for Sale  Other business interests.
Description  21 Unit Apt Bldg & 6 Houses for Sale in Bennettsville, SC for $650,000. This 6.59 acre parcel of investment property for sale is well maintained & is part of a larger parcel, that would be resurveyed. Excellent opportunity for income. It includes 4 apartment bldgs, Oakwood Village Apartments, consisting of 21 apartments and 6 houses. Square Footage ranges from 650- 924 sq ft. 25 out of 27 units are rented. Addresses are 1583-1617 Hickory Grove Rd. Please do not disturb the tenants. The rents range from $300/mo to $350/mo. 2-3 bdrm. All new leases are 1 year, and then they go month to month. Only 1 government subsidized rent. Age of buildings are 1986 to early 2000. 5 out of 6 Houses are brick. 3 Apartment Bldgs are brick and the 2 story is brick with masonite on 2nd story. Approximately yearly revenues are $98,220. Yearly Expenses are approximately $18,154. Those expenses include taxes, insurance, water, outside lighting, waste management, repairs, maintenance, and lawn care. New owner could do some of their own maintenance and add to their bottom line. Currently owner manages, so there are no property management expenses included. Nice quiet country setting. Located in Marlboro County, SC. Exactly 80 miles from SE I-485 in Charlotte, NC. Take Hwy 74 to Hwy 52 to Hwy 38 crossing into SC. Just 3 miles off of Hwy 9. Proposed New 73 Corridor along Hwy 38 in the future, leading from Detroit, MI, to Myrtle Beach, SC. Low taxes in Marlboro County. Asking $650K. For more information or for questions, please call Tonya at 704-550-5428, or email her. Local broker is available to show the property. Business Brokers of the Carolinas, LLC
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