Turn Key Real Estate Business In Naples Florida For Sale

Business description

This Business is about Investing in Real Estate, and Managing Real Estate. The Managing part has been neglected due to lack of time. There is an unlimited potential in this part of the business, since the company has a contract with the Naples Housing Authority (Section 8). In the past, we did focus on buying and selling Real Estate, what can be very profitable as well.

Established: March 2008

Sales Revenue: $ 20,275.00

Sales Revenue Potential: $49,075.00

Asking Price: $250,000.00

This Business Manages 3 Condos in Naples, FL, including 2 Section-8 Contracts, owns 2 of the Condos, 3 Prime Land Parcels in SW Florida, and 12 Lots for Manufactured Homes in Missouri.

Having Section-8 Landlord privileges in Naples is a priceless benefit, since a big percentage of the Rent is provided by the Housing Authority of the City.

We are selling this business for personal reasons, and are asking a fair market price for it. You will earn rental income from the Day we close the deal.

THIS BUSINESS GIVES YOU INSTANT MONTHLY INCOME, AND YOUR INVESTMENT IS BACKED UP BY INVENTORY.

Check out the Inventory here: http://www.buysunland.com/featured/

Property information

Real Estate:

Real Property Included

Location:

The Business is Located in Naples Florida, and can be operated from anywhere else.

Location of Real Estate:

Naples FL, Fort Myers FL, Port Charlotte FL, Villa Ridge MO

Premises details:

2/2 Condo on Canal, Naples
Rented out since April 2009 on a Section-8 Contract.
Rental Income: $800/Mt
HOA fees: $251/Mt
HOA Includes: Management, Water irrigation. Comcast Cable TV, Trash Removal, Landscape
Year built: 2000
Size: 1,075 sq/ft
Taxes 2011: $555.00 and paid
Other: Tiles in every Room, own Laundry Room with washer/dryer, newer Appliances, Glasstop Range, Granit Countertop in Kitchen, upgraded Cabinets, A/C replaced in 2009 (still warranty)

2/2 Condo near 5th Ave Naples
Rented out since mid. 2011
Rental Income: $725/Mt
HOA fees: $240/Mt
HOA Includes: Management, Water and Sewer. Trash Removal, Landscape, Irrigation
Year built: 1982
Size: 886 sq/ft
Taxes 2011: $724.00 and paid
Other: Tiles in every Room, Washer/Dryer, newer Appliances, Glasstop Range, upgraded Cabinets, A/C replaced in 2008

12 Lots in Villa Ridge, MO
Those Parcels are zoned for Manufactures Homes, regular Homes are approves as well. Not like Florida, Missouri’s Real Estate market has been stable for the last 10 years, particularly the Villa Ridge region.
The 70x120 parcels are located just 46 Miles West from Downtown St. Louis, Missouri, in the City of Villa Ridge on Route 66. Shopping, Schools and Hospitals close by. Electricity and Telephone is established in the whole community. This is a new, developing community in the heart of Missouri, called "Wheelestates".
Homeownership rate in Villa Ridge is about 81.5%. Villa Ridge's vacancy rate, including seasonal lodging, is about 4.8%. Average household size is 2.76 people.
Property Details: Parcels are in the Resort calles "Wheelestate" in Villa Ridge, MO 63089, the Lots are zoned Residential with no restrictions, 3 miles South of I-44, 4 miles south of Route 66, 5 miles from Union, the County Seat, near East Central College, 20 +/- miles West of Six Flags in Eureka, Missouri. Only 0.2 Miles from the Community Lake. You can build a house, or place a Manifactured home / RV on it. There are no restrictions, as long as you use it as residential. There are no time limits to build, no HOA dues, pets are allowed, taxes are current and are less than $20 per year. Utilities like Telephone and Electricity are on the Lot. Water by well or storage tank, septic tanks have to be installed when building. There are no liens or other encumbrances on the land.
We started a project called "Rent-A-Lot" to rent the Parcels out to owners of manufactured Homes. This is very common in this Area. The Lots can be rented out for $200/Mt each. The potential Income is $2,400/Mtor $ 28,800/year

PORT CHARLOTTE, SOUTHWEST FLORIDA WEST OF 41 NEAR DOWNTOWN PORT CHARLOTTE:
This 10,300 sq/ft. Homesite is not a regular deal you can find on MLS. The Property is in a very nice and clean neighborhood, there are paved roads, city water, electricity, and cable. Only 3 Miles from Port Charlotte Beach, 2 Miles from the nearest Publix, 1 Mile from Walmart, and 2 Miles from the Home Depot on Tamiami Trail.

2 Duplex Lots next to Westchester Golf Club:
Located on the Entrance street of Westchester Golf Club, makes this a premium DUPLEX LOT in a HIGH DEVELOPED area of Lehigh Acres Florida, It is zones RS-2, for Multi-Family Homes!

Business Operation

Expansion potential:

This Business is about Investing in Real Estate, and Managing Real Estate. The Managing part has been neglected due to lack of time. There is an unlimited potential in this part of the business, since the company has a contract with the Naples Housing Authority (Section 8). In the past, we did focus on buying and selling Real Estate, what can be very profitable as well.

The Section 8 contract with the County gives the business unlimited potential to extend and grow.

Reasons for selling:

Personal reasons, business is doing well

Trading hours:

N/A

Employees:

Owner operated

Years established:

8

Other information

Support & training:

Training is provided

Inventory / Stock value:

$222,500 (included in the asking price)

Website:

Please click here to view the link

Related documents:

• 
• Leasing Rules Condo1

• 
• Condo Rules 2

• 
• Financial Report Condo2

Home based:

This business can be run from home.

Relocatable:

This business can be relocated.