| Profitable Business For Sale by Owner: Winslow, Maine
Here's a Well Established Apartment Complex! |
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Located at 150 College Ave. in Winslow, Maine. This 31 unit complex has Extremely Positive cash flow!!! It is currently fully rented. The monthly income comes to $9,740.00.
All new carpeting, and a new furnace have been installed. All rooms are fully furnished with cable tv. Phone lines are installed in each room. Plenty of parking. Less then a mile to Downtown Winslow. Excellent Commercial location. Over 20,000 cars pass by each and every day.You might ask, why is this profitable business for sale?!?... The owners are wanting to retire.
Due to age of owners, short term financing may be available.
A turnkey operation!
Insurance Value:
| Units: | Type: | Insured For: |
| Building 1 8 Apartments and 2 Storage |
Building Contents |
$138,050.00 $3,000.00 |
| Units: | Type: | Insured For: |
| Building 2 23 Apatrments |
Building Contents |
$290,050.00 $12,000.00 |
Expenses:
| Taxes: | $125.00 |
| Oil: | $700.00 |
| Power: | $800.00 |
| Cable: | $105.00 |
| Water & Sewer | $100.00 |
| Insurance: | $100.00+ |
Over 7k in net Profit!
Interested parties should contact:
Tom Mason
E-mail: ken@centralmaineweb.com
Days (207)877-7391 - Evenings (207)453-4777
TollFree Pager in Maine (207) 580-0512
