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- RE: Apartment Building / 6 Units
- Contact: Armen Nazarian
Quick Facts
Asking Price: | $649,900 | |
Annual Revenue: | $64,200 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $54,720 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | $649,900 | |
Year Established: | 1977 | |
Employees: | Not Disclosed | |
BBN Listing #: | 580352001 | |
Broker Reference #: | 0445 |
Business Overview:
This is a great opportunity to own a completely, renovated 6-unit Apartment Building in Redford, MI. Located on a busy road, owner completely stripped the interior down to the studs and completely renovated with all brand new units. New upgrades include Roof, Parking Lot, Egress Windows, Flooring, Instant Hot Water Tank’s, Deck, Lighting, Doors, New Appliances, Hard Wire Smoke Detectors & Carbon Dioxide Detectors, Plumbing, P-Tac AC/Heat Units and so much more. There are (3) Two Bedroom units and (3) Single Bedroom units. Tenant pays for electric. Great starter investment or add to your existing portfolio! This property will not last long! A must see/must have investment! Contact Armen Nazarian.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
This is a great opportunity to own a completely, renovated 6-unit Apartment Building in Redford, MI. Located on a busy road, owner completely stripped the interior down to the studs and completely renovated with all brand new units.Reason for Selling:
Downsizing Portfolio.Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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