70 Rental Income Properties 100% Absentee
Location Utah,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $379920
Net Profit / Cash Flow $304920
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2010
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Training 1 month
Description This is a book of 70 solid rental properties in the midwest. ABSENTEE OWNER! Owner has professional management company do all the work, he just collects the profit and gains equity. Perfect low risk, steady income business that literally requires 1 hour a week to run. 80% of properties are rented, giving new owner opportunity to improve income by an additional $120,000 a year. This will sell fast, properties have huge equity and current bank will guarantee $2million in financing available in 1 week after approved.
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