Absentee | Bank Appd Res-Real Estate Portf. NETS $128 K in MD!!!! - Business for Sale
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Absentee Residential Real Estate Portfolio in Baltimore, MD
MD, US
Added 4 months ago
Real Estate Investment and Financial Services
12 years in business
RemoteAbsentee / Semi-Absentee
This listing is for an absentee-owned portfolio of 10 bank-approved residential real estate investment townhomes located in Baltimore City, Maryland.
Key Information
Asking
$1.7M
Revenue
$113K
Earnings
$128K
Multiple
13.5x
Key Highlights
- Portfolio consists of 10 separate townhomes located in Baltimore City
- Annual rental income is $112,896
- Occupancy rate is 60%
- One property will soon be fully remodeled, expected to add $22,000
- Three properties require full renovation and are being sold as-is
- Business has been established for 12 years
- Business is listed as a franchise and is relocatable
Contact Info
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