Glasgow, MO $99,000
A Home with Potential Income From 10 Rental Units!
The First Cash
Offer of $89,000 Buys This So You Need to Hurry!
Trade for Single Family Residence!
This set-up has a 3 bedroom
owners apartment with living room, kitchen and bath for your home, and there
are 10 studio type apartments each with 2 beds, mini-fridge, microwave
oven, desk, TV, & phone. Also there is an owners laundry room and
one room dedicated to storage. Presently the rental rooms
rent for $39/night, $139 / week, or $300 /month. Any income that
you receive is money to help pay you back for the purchase price. Yes,
there is overhead for a building of this type but that's just one more
reason to rent out rooms for money to help offset those costs. The
object is to keep as many rooms rented as possible to keep cash flowing.
Our belief is that a more thorough highway sign advertising plan would
be very advantageous to you as the new owner.
There is an adequate parking
lot in front, and the 1.08 Acre site also has room for you to possibly
put public rental storage buildings to enhance the cash flow even more. You
could also put in a public coin operated laundry with vending machines if you
choose. Think about that if you want to increase the income!
This needs to be a cash sale
so if you have the means to do this we want to hear from you. The
price is at rock bottom and
therefore it is a firm price and is not negotiable. Call us today to set up your
Call Broker Mark Brizendine
660-593-3044 and this number rings in the broker's home after hours so feel free to call after hours.
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