Cooperative Housing Concepts includes 5 properties #11004

Phoenix, AZ
listing image
Asking Price:$3,500,000
Gross Revenue:$664,534
Cash Flow:$539,833
Established Year:2021
BUSINESS DESCRIPTION

This business model is the perfect solution for today's rental crisis. Rising rent and no affordable housing. The price of rent in the Phoenix metro area has left out a large segment of the population. With Co-op Housing, we find the perfect solution and an outstanding money-making business model. The purchase price includes 5 properties with a 95% occupancy rate and $500,000. annual cash flow, which is currently run absentee. Training, methodology, and houses are included in the purchase price.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Facilities
5 houses are included in the purchase price
Support & Training
The seller will provide training.
Reason for Selling
Relocation to California
Home-Based
This business is Home-Based
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