Looking for an investment property with positive cash flow that pays for itself?
This property fits that requirement and much more.
Great cash business with positive cash flow, the property has a great location a few blocks from the American Embassy in a quiet residential neighborhood.
Investors welcomed!
Owner motivated!
This large 2-story property is on two lots and has a total of 26 independent income-producing units.
There are three profitable businesses on this property.
1. The main business is a bed and breakfast with 20 independent rooms, two one-bedroom apartments, and one two-bedroom apartment.
Current Sales: $20,000 to $25,000
The bed & breakfast business is fully turn-key and operational, and it comes free with the purchase of this property.
Illness in family members forces this sale...
The property accommodates 50–60 pax, with room prices ranging from $30–$50/n, and is almost full year-round.
Current sales are 20k–30k/mm (can easily be even more), with very low expenses of $6,000/m, and bed and breakfast businesses can pay for the property.
2. A small restaurant with a 30–40 seat capacity.
Current Sales: $3,000 to $4,000/m
3. Fully set up a small dental office.
(currently rented) If worked, Potential of $5,000+/m
The property is currently mainly used as a bed and breakfast but can be modified for other types of businesses, including an A. L.F. (assisted living facility)
Property (building and land) was appraised in 2019 with a value of @ 1.2 million dollars
property and three income-producing businesses have an added value
this is a great business opportunity
Lot size: 8,000 sq. ft.
Construction area: 12,000 sq. ft.
Property (buildings and land) was appraised in 2019 with a value of @ 1.2 million dollars.
Property and (three income-producing businesses) have a value of about 1.5 to 1.6 million
Will accept $850,000.
That's 50% of the Value...
This is a great business opportunity
Owner financing is available. With as little as $400,000.
Business can be operated remotely.
Our staff is well-trained and very loyal.
We have been in business for 15 years.
The owner will stay after the sale to train with B&B business if the buyer wants.
