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Business For Sale Listing 145050

Beach Condo Conversion Project

Status as of Nov-21-2008 at 06:01 PM: Active

Business Summary

We are offering a very unusual opportunity to buy 10 beach condos, get special cash flow incentives for two years while you flip individual condo units to make a profit. These 10 beach condos are currently operating as apartment complex. These absolutely gorgeous beach condos could easily be sold individually for a profit play. Stunning is the only way to describe these 2 BR/1BA units with full kitchen, washer/dryer, and private balconies. The location is ideally situated only a block from beautiful Hutchinson Island beaches or minutes away from Pelican Harbor Yacht Club. Although operating as an apartment complex it should be noted the condos are individually deeded and the potential for profits through individual sales is significant over the next few years. Principals only. RFBB305 broker approved.


Categories

Industry: Residential Properties For Sale
Real Estate Businesses For Sale
Location: Florida Businesses For Sale
Southeast States Businesses For Sale
United States Businesses For Sale
Other Florida Businesses For Sale
Other: Very Small Businesses For Sale

Industry

Sector: Real Estate
Industry: Residential Properties

Location

Classification: United States // Southeast States // Florida // Other Florida
Location: Hutchinson Island

Financials

Sales: Between $100 Thousand And $500 Thousand   ($136,652)
Profits: Between $100 Thousand and $500 Thousand   ($100,672)
Profit Type: Seller's Discretionary Cash Flow (SDCF)
Asking Price: Between $1 Million and $2.5 Million   ($1,450,000)
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