Looking for an investment property with positive cash flow that pays for itself? This property fits that requirement and much more. Investors welcomed!
Brokers welcomed!
Owner motivated!
Property (BUILDING AND LAND) was appraised in 2019 with a value of @ 1.2 million dollars
Property AND (THREE income producing BUSINESSES) has a value of 2.2 -2.6 million
WILL ACCEPT 1,000,000, GIVING A VALUE OF 1.2+ MILLION DOLLARS AS A GIFT!
THIS IS A GREAT BUSINESS OPORTUNITY
This large 2-story house on two lots has a total of 26 independent income producing units. It has 20 independent rooms (currently used as a bed and breakfast), 2 one bedroom apartments, 2 two bedroom apartments, a Restaurant, and a Dental Office.
Property is currently used as bed and breakfast but can be modified to other types of business including an alf (assisted living facility)
The bed & breakfast business is fully turn-key and operational and its free with the purchase of this property. Illness in family member forces this sale…
Property accommodates of 50 – 60 pax, room prices from $30-$50/n and maintains almost full year round. Current sales 20k – 30k / m (can easily be even more), very low expenses of @$5,000/m, bed and breakfast business can pay for the property.. A great cash business with positive cash flow, property has a great location a few blocks from Americana embassy in a quiet residential neighborhood..
Lot size @8,000 sq/ft
Construction area: @12,000 sq/ft
Property (BUILDING AND LAND) was appraised in 2019 with a value of @ 1.2 million dollars
Property AND (THREE income producing BUSINESSES) has a value of 2.2 -2.6 million
WILL ACCEPT 1,000,000, GIVING A VALUE OF 1.2 MILLION DOLLARS AS A GIFT!
THIS IS A GREAT BUSINESS OPORTUNITY
Owner financing available w/ 50% down
Owner will stay after sale to train with B&B business if buyer wants..
For more information, please contact us by using the form below.