Studio Suites Rental Business For Sale!

Sumter County, FL

Seller Financing Available

listing image
Asking Price:$150,000
Gross Revenue:$161,720
Established Year:2023
Cash Flow:$62,420
FF&E:$1,000
BUSINESS DESCRIPTION

Own Your Piece of Luxury: Studio Suites Rental Business Up for Grabs!

Unique opportunity to sub-lease multiple suites in a 2500 square foot facility which is located in The Villages, FL! Of the Seven Suites, 1 space is leased, at $800 a week for 900 square feet, 5 suites/with windows, 106 square feet each are listed for lease at $385-$410 a week and 1 suite without a window has a lease set at $360 a week. Annual revenue, when all suites are leased, is $161,720 with projected expenses, including: rent, utilities, water, internet, etc. is approximated at $99,300, which brings profitability to $62,420 and that's great for passive-absentee/absentee business. Location can be open 24/7, as the doors automatically lock and there is a push-button entry on the back door. Co-op spaces are the trend of the future! Call today to take advantage of this unique and profitable investment opportunity! Please refer to listing #4301-914876 when inquiring about this listing, Thank you!


DETAILED INFORMATION
Location
Sumter County, FL
Inventory
Not Included in asking price
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Type of Location: Strip Center Monthly Rent $5,700.00 Square Units (Foot, Meter) 2,550 Lease Expiration Date April 30, 2028
Financing
Owner Financing Terms $100,000.00 Owner Financing Interest 7% Owner Financing Terms M
Support & Training
Will train for 1 week @ no cost.
Reason for Selling
Retiring
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