Premier 55 Condo Portfolio with Grandfathered Rental Rights
$2,900,000
Real estate included
The property comes with the business.
Established 10+ years
A track record buyers and lenders tend to trust.
About this business
Own a 10-unit condo package in a desirable 55+ community. This portfolio offers stable income with significant upside through renovations. The unique grandfathered rental status, preserved via LLC transfer, provides a competitive edge in a restricted market. A solid investment for those seeking cash flow and value-add potential. Learn more about this unique property opportunity.
The numbers
How the asking price compares with what the business brings in each year.
- Asking price$2,900,000
- Annual Revenue$183,494
- 16×
- Price to revenue
Details
- 1976
- Established · 50 yrs
- Stock / Entity Sale
- Sale Type
- Property Management Business
- Business type
- Owned · sold separately
- Premises
Financing & transition
- Seller financing
- No
- Training after the sale
- No
Property & lease
- Premises
- Owned
- Included in Sale Price
- No
- Property Price
- $1,600,000
Where it is · Florida
Somewhere in Florida. The exact address is not on this listing.
Ad#:4923
The information in this listing has been provided by the business seller or representative stated above. Venturu has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
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