Description of the business for sale
REAL ESTATE: Apartments: 89 unit apartment complex consisting of 1 and 2 bedroom apartments and 2 bedroom townhouses. Complex was hit by the EF-5 tornado that swept through Joplin on 5/22/2011 and is currently under reconstruction. Targeted for completion in April, 2012, all units will be like new, with very minimal maintenance and vacancy rates near zero for the foreseeable future. There is a 2 acre lot adjacent to the complex being sold separately by the same owner that could be purchased for expansion. Real estate offered by Quality Real Estate Services, LLC.
Support / Training provided by seller
Owner would assist in transition period.
Description of the facilities
Real Estate: $5,650,000 Included in asking price.