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Apartment Home Catering to Seniors

Brewton, Alabama (Escambia County)

Services - Hotels & Other Lodging | Services - Social Services

$Seller Financing Available

Asking Price $400,000 Inventory  
Gross Income $125,000 Real Estate  
Cash Flow $25,000 Year Established 1992
FF&E N/A Employees 3

* included in the asking price

** not included in the asking price

Immaculate Apartment Home that caters to Seniors. Each unit is beautifully decorated and private. The owner provides three home-cooked meals to each tenant 7 days a week. The facility is located in a growing small town and is conveniently located near hospitals and shopping. There is an additional 2 bedroom 2 bath apartment on the premises that can allow the owner/operator to live rent free.

Facilities: 10,000 Square Foot Apartment Home with 12 rental units.

Competition: Only facility like this in the area.

Growth/Expansion: Right now only 8 units are being rented. Owner is turning away tenants because she needs to slow down and retire. The facility can be completed rented quickly by a new owner.

Seller Financing Available: Yes

Financing: Owner financing is definitely available with a reasonable down payment

Support/Training: Owner will stay and train as needed.

Reason Selling: Retirement

Business For Sale By

Rod Wallsmith

251-455-1428

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