4.3 Acre Residential Property w/ custom Home & Tractor Rental Business
Asking Price: | $2,200,000 |
Gross Revenue: | $130,000 |
Real Estate: | $1,950,000 |
Cash Flow: | $110,000 |
Inventory: | $300,000 |
RARE OPPORTUNITY! This is a chance to buy a profitable Business on a 4.3 acre residential property, located just outside the busy city limits. This property comes with everything & the kitchen sink. This listing comes with a beautiful 2,400 sq/ft single story custom home, pool, 2 rental houses on the property (some TLC needed before rentable), multiple shops & garages, car lift, 400 amp electrical, and a 19 tractor rental Business.
The house is set back off the country road (approximately 100 yards). Visibility from the road is blocked by large beautiful trees and landscaping, for preferred privacy.
The tractor rental Business is the home Owner's sole source of income. He currently has 19 tractors that he rents out on long term rentals to local farmers to use for multiple purposes. The tractors are rarely on premises because they are rented almost all year long. The revenues from the Business makes the debt service of this property extremely easy to manage.
This opportunity has something for everyone. There is plenty of open land to turn into anything your imagination can come up with. The Seller is definitely a car guy. He has a full auto workshop where he rebuilds classic cars in his down time.
The property has a full industrial solar set up, powering the whole property.
Seller is retiring and moving out of State.