Description of the business for sale
CONSTRUCTION: This business does real estate renovation, rental, new construction and sales. The business started in 1999 by acquiring distressed properties and HUD repossessions with a strategy to sell properties and keep other properties as rental units. Over time, the number of renovations and rental units grew. In 2003, the seller started building new duplex units and selling them. A year later a large apartment building was acquired as a bank repossession and sold. Current owner nets over $203,000.
|
Support / Training provided by seller
The seller will assist in all facets of training for a smooth transition.
|
|
Description of the facilities
Real Estate: $6,550,000 Included - FF&E: $5,000 Included
|