Premier 55 Condo Portfolio with Grandfathered Rental Rights For Sale

Premier 55 Condo Portfolio with Grandfathered Rental Rights

$3,200,000

For Sale

Total asking price (business + property)

Financials

Annual Revenue
$183,494
Annual Profit
SDE

The asking price is 17.4× the annual revenue — a common way to evaluate whether a business is fairly priced.

5.0
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How established is this business?About the broker: Mitchell WeinbergerFinancing optionsLease situation

Key Details

Sale Type
Stock / Entity Sale
Establishment Date
Jan 1, 1976
Owner's Weekly Hours
0
Business Type
Property Management Business

Details

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.

Property

Included in Sale Price
No
Property Price
$1,600,000

Location

Approximate location — the exact address is shared after you connect with the broker.

Price & Financing

Asking Price
$1,600,000
Buyer Financing
No

Training

Included
No

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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Mitchell Weinberger

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