$Seller Financing Available
| Asking Price |
$3,000,000 | Inventory |
$200* |
|---|---|---|---|
| Gross Income |
$439,938 | Real Estate |
$2,800,000** |
| Cash Flow |
$329,460 | Year Established | 1975 |
| FF&E |
$52,000* | Employees | 4 pt |
* included in the asking price
** not included in the asking price
Highly profitable multi-use income property with warehousing, apartments, dormitory-style rooms, and fitness center on 5 acres +/-. Cap Rate = 10%. The current occupancy rate ranges from 74-100% across all rental units. Apartments and most rental units are newly constructed. Total estimated value of land and all improvements is $4,965,000! See extensive history and rental information in file. Seller works part-time in business and wife runs the fitness center. Many alternatives for running the entire operation exist.
Facilities: Approximately 51000 sq ft, stand alone: Multi-use income property with warehousing, apartments, dormitory-style rooms, and fitness center on 5 acres +/-.
Competition: The area supports other warehouse and apartment rentals. The seller offers very competitive rates and amenities.
Growth/Expansion: The local economy is strong and may be able to support more rental units on 3 acres +/- currently undeveloped and included in the sale. Large mining interests in the area are driving above average growth in many business sectors.
Seller Financing Available: Yes
Financing: Seller may carry with a substantial down payment for a qualified buyer.
Support/Training: Negotiable
Reason Selling: Retirement

Jerry Crandall
928-445-1144
WCI Business Brokers Northern Arizona
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