Apartment Building in Pennsylvania

Asking Price$615,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$201,300

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Apartment Building in Pennsylvania


Asking Price$615,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$201,300

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
27 unit apartment/motel in busy North Central Pennsylvania town

Monthly income: $16,775

Building 1 ($6400 monthly income):
9 efficiency units rented monthly with 6 month leases @ $475 mo (100% rented)
5 rooms rented monthly @ $425 mo (100% rented)
Coin-Op Laundry

Building 2 (income varies):
11 motel rooms @ $65 night (50% occupancy)
- these rooms could easily be converted to additional apartments

Building 3 ($1250 monthy income):
Motel office
Managers 1 bedroom apartment downstairs @ $300/Month
2 bedroom apartment upstairs @ $850/Month
Laundry Facility with 2 commercial washers and dryers
About the Business
Facilities & Assets
Building 1 concrete block building with basement built 1958
Building 2 wood frame/brick building built 1995
Building 3 wood frame building built 1920's
Opportunities for Growth
11 Motel rooms could easily be converted into apartments
Real Estate
Owned or Leased
Owned
Not included in asking price
About the Sale
Seller Motivation
Owner out of state
Listing Info
ID
1775741
Listing Views
5325

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Business Listed by: Jason Herzog

Listing ID: 1775741 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.