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Real Estate Rental Business
Location Utah,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $152820
Net Profit / Cash Flow $12735
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2005
Number of Employees 1 - 3
Inventory 1452000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale To start over and do it all again.
Description This is an amazing offer to step into the profitable/positive cash flowing Real Estate business for sale WITHOUT ANY RISK! Our company currently owns 11 (Eleven) single family homes throughout the Salt Lake valley. Each home is currently rented for prime rates with 12 month leases. This sale would include a signed lease for each home, rental history for the past 3 years, and full title reports for each property. Several of these homes have renters receiving housing from the state of Utah and those payments are transferred directly over to you! We will also include (upon request) the past year of quickbooks accounting showing that this business will provide a positive cash flow, and will allow you to hit ground running! This is an established self maintaining business that will allow you to continue with your other full time job, while you watch your equity real estate return grow year after year. For those that are seriously interested, we will provide a detailed business valuation. For more details including property locations and pricing please call to set up an appointment. The initial asking price for all 11 homes and leases is $1,850,000 Email or call DEVIN at 801-870-0124 OR JEREMY at 801-809-4633
There are very few if any other opportunities where you can affect your net worth overnight to reach well into the millions in Real Estate. Furthermore, you could in no other circumstance walk into a bank and get a loan for 8 homes. This way you can do small business financing or other avenues to purchase valuable real estate. The better financing, the higher your cash flow potential. We do have limited financing opportunities for 1 to 2 homes but not for all 8 properties. We will consider offers for any number of homes .
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