Purchase of an existing residential apartments building. Already generating income with occupancy rate of 100%.
Current Status
The target property already occupied and generating income.
Market
Government and private sector employees
Problem or Opportunity
Existing residential apartments building to be purchased. It has 120 bedrooms, already occupied by tenants and generating income.
Opportunity to acquire further commercial and residential properties
Solution (product or service)
To provide residential accomodations rental and commercial rental space.
Competitors
Competition is from other surrounding rental properties
Advantages or differentiators
Provide good customer service and security for our tenants
Finance
Rental from residential and commercial tenants
Business model
Revenue to be obtained from rental from residential and commercial tenants
Money will be spent on
Purchase of a residential apartments building, operations office, office furniture and equipment, miscellaneous expenses to get the business up and running.
Offer for investor
Equity in the business percentage to be negotiable.