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Commercial Rental Complex
Location: United States -> Louisiana -> Lafayette
Industry: Real Estate > Other Real Estate




Business Summary

Sunbelt Business Brokers of Baton Rouge has listed for sale a commercial/recreational rental complex business. This business for sale consists of 10 apartment rental units, 4 completely furnished with top-end appliances. Furnishings for the other 6 are stored onsite until complex is sold. Also included is an extremely nice 1,500sqft unit completely furnished. This can be living quarters for the owner or leased out. Storage on the property is provided by a 576 sqft climatized storage shed. Building sits on approximately � acre lot. Main building is approximately 6,500 sqft.

Business is brand new. Units have never been occupied. Seller has a very substantial other business interests and does not feel he has the time or energy to launch the business. Seller represents that he has been approached by enough individuals looking to lease long term all the units. The apartment units would lease at a minimum of $1,000/month which is what is being offered by interested tenants. Business is located in the metro Lafayette, LA market. It is just across the highway from a major heavy traffic waterway used for interstate water commerce and to support the offshore oil industry. It is just a short drive to Lafayette, La a major metropolitan city with all the amenities. This is an ideal business for an owner/occupier in particular one wanting to be semi-retired.

Come see this impressive complex, meet the owner, make offer! Alan Risher is sponsored through Sunbelt Business Brokers of Baton Rouge, sponsoring broker Brandon Bourgeois, telephone number 225-201-0202. Please contract Alan directly at 225-201-0202 for more information.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $125,000
Seller Financing:  Yes

About The Business

Year Established:  2016
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Available
Reason For Selling:  Other interests




Print Listing Id: 700324742




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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 > Louisiana Businesses For Sale > Louisiana Franchises For Sale > Louisiana Business Brokers



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