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Business For Sale Listing 145115

Apartment Complex

Status as of Nov-21-2008 at 06:01 PM: Off The Market

Business Summary

We are offering Port Saint Lucie apartment complex investment opportunity! The apartment complex consists of charming one story units. The landscaping is beautifully maintained with lush green grass, decorative plants and flowers and a large courtyard patio in the middle which would make a great spot for a pool. Each unit is unique. These one, two, and three bedroom cottages are complete with kitchenettes and fully tiled bathrooms. The units all have new stoves and air conditioners. All of the buildings have brand new metal roofs to accentuate the Caribbean style architecture. All of the buildings have new exterior paint in a tropical color. The property is very quiet and peaceful. The laundry room is fully equipped for all tenants to use. These units are typically at 100% occupancy. This is income producing investment and is a great business. A significant feature about the property is its convenient location. If you love boating and the beach, you can reach several nearby marinas and Treasure Coast Beaches. Located within minutes of I95 or the Florida Turnpike. Do not miss out on this incredible opportunity to own a prime piece of commercial property in a highly desired area. Original construction in 1957 with upgrades and additions in 1961, 1971, and 1980.

Facilities: 13 unit apartment complex located on US Highway One in the growing city of Port Saint Lucie, Florida. The landscaping for this approximate half (.49) acre property is beautifully maintained with lush green grass, decorative plants and flowers and a large courtyard patio in the middle which would make a great spot for a pool. Each unit is unique. These one, two, and three bedroom cottages are complete with kitchenettes and fully tiled bathrooms. The units all have new stoves and air conditioners. All of the buildings have brand new roofs. All of the buildings have new exterior paint in a tropical color. The property is very quiet and peaceful.

RFBB305 broker approved.


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Industry

Sector: Real Estate
Industry: Commercial Properties

Location

Classification: United States // Southeast States // Florida // Other Florida
Location: Port Saint Lucie

Financials

Sales: Between $100 Thousand And $500 Thousand   ($150,000)
Profits: Between $100 Thousand and $500 Thousand   ($106,000)
Profit Type: Seller's Discretionary Cash Flow (SDCF)
Asking Price: Between $500 Thousand and $1 Million   ($795,000)
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