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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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Apartment Complex For Sale

Location  New Mexico,United States
Asking Price Range  < $250K
Gross Revenues  $42000
Net Profit / Cash Flow  $38000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1981
Number of Employees  1 - 3
Inventory  225000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Reason for Sale  Retirement.
Description  Apartment complex(es): one is a 6 unit rental consisting of 1 two bedroom unit and 5-one bedroom units. Monthly income is presently at $2,150.00 per month with potential for growth through rental increase ( rents are low for the area and condition of apartments, need to implement an increase in rents now). Last appraisal was 3+ years ago and was for $172,000. Asking $165,000.obo. 2nd property is a 3 unit complex ( all one bedrooms and one is in need of repairs from ceiling leak) and a nice sized one bedroom house on same property that needs minor updating. Income is presently $745.00 per month with the one bed. apt. and the one bed. house UNRENTED. When those are rented the income from this property is $1,500.00- 1,750.00 per month. Asking $40,000.00 obo. Please emali or call 505-623-0945 for serious inquiries only please.
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