Office Condo Partnership – 5 Units

Location: United States -> Florida -> Jacksonville
Industry: Real Estate > Other Real Estate

Businesses for sale Summary

Office Condo Partnership for sale – 5 Rented Units. Excellent opportunity to enter into the commercial real estate market. 50% Ownership for sale.
Brick & Wood Frame building. Built in 1985.

50% Partnership Selling Price: $100,000

Estimated Property Value: $700,000
Existing No-Qual Loan Balance: $290000

Location: Jacksonville, FL

Financials

Asking Price Range:  < $250K
Gross Revenues:   $50,000
Cash Flow:   $20,000
Cash Flow Type:  EBITDA
Seller Financing:  No

About The Business

Year Established:  1985
Number of Employees:  1 – 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Reason For Selling:  Raise Cash