Eastern Montana, undisclosed, MT
Senior Facilities for Sale - $449,000 - 4,200 Sq. Ft.
Property Info
| CIMLS# | 120530 |
| Location Eastern Montana undisclosed MT 59101 | |
| Updated | January 31st, 2010 |
| Type | Senior Facilities |
| Price | $449,000 |
| Building | 4,200 Sq. Ft. |
Property Description
The current owner and two partners founded this company in 1986. In 1992 the current owner purchased the business from her partners. 1993 brought the business to its existing facility.
The business is currently operated out of a very nicely remodeled building that. This split-level building has an elevator and a chair lift and meets Montana requirements for it
Financials
Current Owner's Cash Flow $94,000.00
Less Annual Debt Service $(39,396.00)
Less New Owner's Compensation $(40,000.00)
Less Return on Down Payment $(11,484.00)
Cash Flow Remaining $3,120.00
Price and Terms
$480,000.00 Sales Price
$158,400.00 Down Payment
7.3% Interest Rate
20 Term of Note
7% Return on Down Payment
$321,600.00 Financed Amount