Construction - Building

Asking Price	$6,950,000	Inventory
Gross Income	$1,504,351	Real Estate	$6,550,000*
Cash Flow	$203,015	Year Established	1997
FF&E	$5,000*	Employees	1

* included in the asking price

** not included in the asking price

CONSTRUCTION: This business does real estate renovation, rental, new construction and sales. The business started in 1999 by acquiring distressed properties and HUD repossessions with a strategy to sell properties and keep other properties as rental units. Over time, the number of renovations and rental units grew. In 2003, the seller started building new duplex units and selling them. A year later a large apartment building was acquired as a bank repossession and sold. Current owner nets over $203,000.

Financing: No

Support/Training: The seller will assist in all facets of training for a smooth transition for a buyer.

Reason Selling: Other interests