7.8 / 10
 New Castle

For Sale: Detached 4 double apartment 8 bed building for medical students /short term lets.

Key Business Facts
Yearly Sales USD 37 thousand
EBIDTA Margin 40 %
Industries Serviced Apartments
Locations  New Castle
Business Overview
- Fully furnished apartments presently catering for and popular with seriously minded medical students.
- Land has the potential to expand. It is located two minutes airport.
- Presently it is fully occupied.
- Willing to advise the new owner.
- The property owner lives in Northwich Cheshire UK but the property is located in New Castle, Nevis (St. Kitts and Nevis) West Indies.
- Our honest and reliable property manager in Nevis will collect rent when offered by hand otherwise we take it by bank transfer.
- The property also has a large car parking space and a space for a pool.
Products & Services Overview
Renting of rooms/beds on a monthly or quarterly basis.
Caters to island medical university students.
Capitalization Overview
- Building/Business owned outright. - No loans outstanding. - Well-maintained property. The owners are married and in their mid seventies.
Assets Overview
Tangible- Complete building, the land, and furnishings. Intangible- goodwill.
Full Sale
Asking Price: USD 700 thousand (Native Currency: USD 700,000)
Reason: - We are becoming 'elderly' and that is the reason for sale !
- All reasonable offers considered.
Includes physical assets worth USD 700 thousand
Interested to connect with advisors
In talks with 2 Investors
Contact Business