Real Estate Investing/Rehab Co.

Wayne County, MI

Real Estate Investing/Rehab Co.
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Asking Price: $5,995,000

Cash Flow: $1,990,260

Gross Revenue: $7,369,970

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $1,700 /Month

Established: 2011

Real Estate Investing/Rehab Co.

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Business Description

This is a great opportunity to own a highly successful, unique, turn-key Real Estate Investment/Rehab Company in Metro Detroit which produces quality rental homes in the City of Detroit and its surrounding suburban areas. All properties are handpicked in great neighborhoods, renovated to high rental demand standards and occupied by pre-screened, dependable tenants. Homes are then presented to individual investors, private equity funds or wholesalers. This company employs highly skilled experts in real estate, construction and property management. The in-house property management division offers a complete solution for investors. They collect rent and handle all maintenance and repairs for the investor. Investors are located from around the globe. The owner has put in a tremendous amount of time and energy to perfect this system…it runs flawlessly and generates a HUGE cashflow! Complete turn-key opportunity for the right individual! Seller may also entertain a partnership buy-in! Seller will stay on board for a transitional period to train the new buyer. A must see/must have business! Call Armen Nazarian @ 248-231-7714 or visit www.armennazarian.com
*HIGHLY CONFIDENTIAL LISTING! All interested individuals are required to sign a Confidentiality Agreement and must qualify as a creditworthy buyer.

Detailed Information

Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
N/A
Employees:
15 FT / 2 PT
Facilities:
This is a great opportunity to own a highly successful, unique, turn-key Real Estate Investment/Rehab Company in Metro Detroit which produces quality rental homes in the City of Detroit and its surrounding suburban areas.
Financing:
Down Payment: Negotiable/SBA/Cash
Support & Training:
Seller will train
Reason for Selling:
Seller owns other companies
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Armen Nazarian

Business Listed By:
Armen Nazarian

Armen Nazarian Business Brokers/Locations Comm Real Estate Sevices

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