Owner is retiring after 14 years at Medina Court. This permanent rental accommodation complex offers 24 two bedroom apartments. The Managers 2 bedroom apartment is strategically positioned at the front of the complex and is quiet, bright and recently renovated and represents incredible value.
A beautiful managers home and the Management Rights at that price is an extremely attractive buy for anyone seriously considering Purchasing Management Rights.
The duties are light and the nett return of over $834.00 per week makes this a complex that could easily be managed by one person. The grounds are magnificent and include a pool. The duties of the Manager can easily be performed in only a few hours per week.
The Managers apartment is $275,000.
The Management Rights agreement is $120,000.
Total price of $395,000.
This opportunity will not last. Act now for an inspection call Clayton Crowe today.
Why buy a house when for the same price or less, you can have a home and income for life.