Profitable Rental Accommodation Business

Profitable Rental Accommodation Business

Are you ready to step into the lucrative world of rental accommodations? We present you with an incredible opportunity to own a thriving rental accommodation business that promises consistent income and endless potential for growth within the Waikato area.

Business Highlights

• Prime Locations: This portfolio includes a range of strategically located properties in high-demand areas, ensuring a steady stream of tenants year-round.
• Impressive ROI: This business has a proven track record of generating substantial revenue and impressive return on investment.
• Stellar Reputation: The current vendors have built a solid reputation for providing top-notch accommodations, resulting in a loyal customer base.
• Turnkey Operation: The business comes fully equipped with an efficient, proven system, and all furnishings in place, allowing for immediate income generation.
• Growth Potential: There is ample opportunity to expand the business, add more properties, and increase revenue.

Expected turnover at 100% Occupancy $950,000 of the current available houses.

Expected profit to a working owner $273,544 after expenses and an annual management fee to a working owner of $80,000. (Mostly part time hours)

Houses are continually been added to the pool, the current portfolio is operating at 85% Occupancy.

Current owners are happy for an outright sale or a sale of shares option. Great handover offered to ensure consistency and further growth for the new owner.  This can be discussed further with broker. 

Don't miss out on this golden opportunity to own a successful rental accommodation business. Take the first step towards financial independence and make your entrepreneurial dreams a reality.

Therese Bailey, 021 707 641, therese.bailey@linkbusiness.co.nz

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.

#wesellbusinesses #Waikato #rental #accommodation