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3 Building, 78 Unit Aparment Portfolio
Location: United States -> Washington -> Bellingham
Industry: Real Estate > Other Real Estate



Business Summary

Don't miss out on this great opportunity to own a quality multi-family project in the highly sought after apartment district near a major university. These complexes have a low vacancy rate and a strong historic occupancy. The 72 of the 78 are 4 bedroom 2 bathroom units, which are extremely sought after in the area. Enjoy low property taxes and a strong 5.5% Cap rate at our $19,500,000 asking price. All inquiries welcome.

Thank you,
AJ Allen
425-223-6021

Financials
Asking Price Range:  $10.0M - $20.0M
Gross Revenues:   $1,636,800
Cash Flow:   $1,093,084
Cash Flow Type:  EBITDA
Inventory:  Same as asking price
Seller Financing:  Not Disclosed

About The Business
Year Established:  1982
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale
Management Training and Support:  Management in place
Reason For Selling:  Retirement

Photos

View Larger Photo(s) Of Business
3 Building, 78 Unit Aparment Portfolio Photo 1 3 Building, 78 Unit Aparment Portfolio Photo 2 3 Building, 78 Unit Aparment Portfolio Photo 3




Print Listing Id: 700245628


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



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