Industrial Multi-unit facility

Sebring, FL (Highlands County)

aerial

Asking Price:$329,900

Cash Flow:$36,652

Gross Revenue:$46,200

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:N/A

Established:1986

Industrial Multi-unit facility

Get Financing Save Print Share Valuation Report

Business Description

13 Unit Warehouse Office facility all rented but 1 space Zoned I2. Each unit has office, roll up door and bathroom,1000SF. Close to major intersection US 27 & Hwy 66/98. Well maintained with new roofs in 2005 & outside recently painted last summer 2015. Great investment at 11% Cap Rate. Don't let this one get away. Tenants do not know it is for sale and will require all buyers to sign CA agreement if interested.

Detailed Information

Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Facilities:
This facility has been well maintained for it's age built in 80"s. Block construction, close to major intersection Hwy 66-98 & US 27(see aerial), industrial income center where tenants run their businesses out of their unit(s), each with an office and a roll up door about 1,000 sf each total of 13 units. Tenants use or types of businesses range from automotive repair to home improvement companies running their businesses out of each unit(s).
Competition:
Rental rates are competitive which is why it is nearly full. Potential room to raise rents.
Growth & Expansion:
Fully developed & all units are occupied but one which is used for storage.
Financing:
Maybe with large downpayment...
Support & Training:
Little training needed as management entails collecting rent, periodically maintaining exterior which has relatively new paint already.
Business Website:
http://www.loopnet.com/Listing/19606025/7750-S-George-Blvd-Sebring-FL/

Listing Statistics for Premium Members

Ad#:1251023 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Greg Karlson

Business Listed By:
Greg Karlson

Advantage Realty #1

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings