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Prime Investment Property With Very Good Cash Flow
Location: United States -> New Jersey -> Hudson County
Industry: Real Estate > Commercial and Residential Real Estate Brokers




Business Summary

Property located 3 miles from midtown in Union City , New Jersey and it is corner property with very good foot traffic and a major stop for buses coming into NYC. 3 floors 17 room house bringing a weekly cash flow the monthly Cash flow is $ 11,600. 3 retail components 1. Hair saloon paying $1850 2.Pizza at $ 2500 per month and 5% increase 3.an office paying a $1000 per month Total retail monthly of $ 5350. Total Expenses $ 34k and change this is 8.5 cap property to start and there is more upside potential when we talk on the phone.

Principal investor and serious inquiries only. Must response with full name company info and phone number.

No brokers please.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $205,000
Cash Flow:   $167,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2004
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes.
Reason For Selling:  Elderly Couple lives to far to manage.




Print Listing Id: 700171772


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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 > New Jersey Businesses For Sale > New Jersey Franchises For Sale > New Jersey Business Brokers



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