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Business Listing

Listing No: 90406703
Category: Real Estate Related: Property Management
Description: Real Estate Related|Property Management

Business Details

Revenues: $120,000
Adjusted Cash Flow: $115,000
Selling Price: $249,000
General Location: FLORIDA OCEAN FRONT

Executive Summary

Twelve-year-old, simple, turn-key Property Management company that presently manages 9 luxury condos on the beach in Daytona Beach, Florida. All expenses are charged to the owners including advertising, repairs, credit card fees, etc. Guests pay cleaning cost. Owners pay for their condo fees, taxes, etc. Sellers personal unit for sale - Asking $475,000. This would be the actual purchase of the real estate. The unit generated $75,016 of gross rents and $41,909 Net. 2016 Financials are thru November.

Last revision: 9/19/2017 11:14:00 AM

Contact us about this listing

Contact: Dick Naedel
Office: SAGE Commercial
Office Phone: (239) 250-3133
Email: info@SAGEFLA.com