Non Classifiable Establishments | Services - Other Personal Services

$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