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2 Commercial / Residential Buildings
Location: United States -> Florida -> Palatka
Industry: Real Estate > Other Real Estate




Business Summary

One building is over 12,00 sq. ft. with 6,000 sq. ft. commercial first floor and 6,000 sq. ft 6 fully furnished apartments 2nd floor. Totally renovated in November of 2009. Everything is NEW along with gatedparking. Second building for sale is over 8,000 sq. ft.with 3 commerical office/ retail spaces first floor and 3 large apartments 2nd floor. Totally renovated in April 2010. First building has 4 apartments leased out and the commercial is also leased out. The second building has 2 apartments leased out and 2 commercial office spaces leased with me in the other one as a office. These buildings were totally rebuilt from the groung to the roof, everything in them is new. we are located in the historic downtown area. Come to sunny Florida and have some fun, close to shopping,Restaurants, schools. Located in the Middle between Jacksonville, St. Augustine, Gainesville and we're only 8 blocks from the St. Johns River that runs from Jacksonville to Melborne. I operate it just to lease out, but you can turn it into what you want (Bed and Breakfast, Motel or whatever you want) Email or call 386-326-9344 or leave a message cause I don't have to be here all the time. Gone Fishing. We're only 30 minutes from the beach.


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $161,500
Cash Flow:   $50,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $70,000
Seller Financing:  No

About The Business

Year Established:  2004
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes.
Reason For Selling:  Owner retiring.




Print Listing Id: 700139274


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Related Searches: Commercial and Residential Real Estate Brokers  >  Mortgage Brokers  >  Title and Escrow  >  Other Real Estate  > 

Also See: Franchise Opportunities > Franchise Resales > Florida Businesses For Sale > Florida Franchises For Sale > Florida Business Brokers



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