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Asking Price: $1,070,529

Family Medicine Practice with Building - SOLD!

Not Disclosed, MI
Not disclosed

30 year Highly Regarded Primary Care Practice!After a long successful run, two doctors/owners of this practice and building are getting ready to retire and looking for the right successor. This long established and highly regarded family medicine practice has been around since 1990s and has been in the same location for the last 20 years. Solid patients base includes 5,000 active charts with EHR system in place. Currently open 4.5 days a week due to doctors preference with incredible opportunity for expansion. Excellent manager in place with another team member cross trained for management duties, if needed. The rest of skilled and dedicated team consists of two front and two back employees. Both doctors are happy to stay for extended mutually agreed upon period to insure patients’ smooth transition. This is an ideal opportunity for a licensed doctor or partnership to step into a turnkey operation with an established book of business and well-maintained building. With current SBA incentives, it’s never been a better time to own a medical practice! More information is available with signed NDA.COVID-19 update:Although the practice experienced immediate slowdown due to COVID-19, 2020 revenues came back even slightly higher than 2019. The owners are adjusting to the everchanging conditions as needed and anticipate staying busy going forward.

Cash Flow $270,576
Revenue $890,119

Asking Price: $2,854,500

Commercial and Residential Rental Property Invest

Not Disclosed, KY
Not disclosed

Income Producing Investment Portfolio that includes a combination of Commercial and Residential Rental Properties. Includes 22 residential units (apartments) and 3 Commercial Units. All are currently rented with long term leases and Tenants in place who wish to stay. Tennessee locations include the Columbia (2 sites/7doors), Clarksville(3 sites/4 doors), and Mt. Pleasant (2 sites/2 doors) areas. The remaining sight is located minutes away from the TN border in Hopkinsville KY right across the border of TN and includes 9 recently rehabilitated residential units as well as three commercial units. All three locations have Tenants in place and collect a total of $22,616.00 per month. All three locations are in opportunity zones which allow for a tax free transfer assuming the new owner holds the properties for at least one year. Seller is willing to finance $1,000,000.00 of the total sale price. This is a turnkey operation with minimal attention required by ownership. Option to Purchase sites separately or as a combination of the entire investment portfolio. By request of the Owner this sale is required to be structured as a Stock Sale.-Cap Rate of 10.52-As Is, Inspections for Information Purposes Only-Opportunity Zones applicable for all three locations-Annual Rent $271,392.00-Montly Rent $22,616.00-Seller Financing Available up to $1,000,000.00-No Interior Photos as Tenants are in Place

Cash Flow $271,392
Revenue $271,392
$ Owner Financing Available

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