Prime Investment Property With Very Good Cash Flow
www.GlobalBX.com
Listing ID:
700171772
Listing Title:
Prime Investment Property With Very Good Cash Flow
Quick Link:
http://www.globalbx.com/listing.asp?bId=171772
Industry:
Real Estate
Industry Segment:
Commercial and Residential Real Estate Brokers
Country:
United States
State / Province:
New Jersey
Area
City:
Hudson County
Asking Price Range:
$1.0M - $2.5M
Gross Revenues:
$205,000
Cash Flow:
$167,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2004
Number of Employees:
1 - 3
Business Description:
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.
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