Studio Suites Rental Business
Sumter County, Florida
| Asking Price: |
Gross: |
Cash Flow: |
| $150,000 |
$161,720 |
$62,420 |
Furniture and Fixtures Value:
$1,000 (included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
Unique opportunity to sub-lease multiple suites in a 2500 square foot facility which is located in The Villages, FL! Of the Seven Suites, 1 space is leased, at $800 a week for 900 square feet, 5 suites/with windows, 106 square feet each are listed for lease at $385-$410 a week and 1 suite without a window has a lease set at $360 a week. Annual revenue, when all suites are leased, is $161,720 with projected expenses, including: rent, utilities, water, internet, etc. is approximated at $99,300, which brings profitability to $62,420 and that's great for passive-absentee/absentee business. Location can be open 24/7, as the doors automatically lock and there is a push-button entry on the back door. Co-op spaces are the trend of the future! Call today to take advantage of this unique and profitable investment opportunity! Please refer to listing #4301-914876 when inquiring about this listing, Thank you!
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| Year
Business was Established: 2023 |
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| Facilities / Terms of Lease:
Type of Location Strip Center
Facilities
Monthly Rent $5,700.00
Square Units (Foot, Meter) 2,550
Lease Expiration Date April 30, 2028 |
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| Owner
willing to finance:
Owner Financing Terms $100,000.00 Owner Financing Interest 7% Owner Financing Terms Months 72 Owner Financing Monthly Payment $1,704.90 |
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| Owner
willing to train:
Will train for 1 week @ no cost. |
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| Reason for selling:
Retiring |
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| REQUEST MORE INFO |
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