Opportunities Submitted

Company Name98 Units Palm Bay, Florida
Contact NameCamiren Dalrymple
Contact EmailEmail hidden; Javascript is required.
Contact Phone(574) 485-3371
Opportunity Name98 Units Palm Bay, Florida
Location of BusinessPalm Bay Florida
When was the business started?1977
What is the business most known for?13 Buildings and 98 Units
Who is/are owner/owners?Privately Held
Why sell the business?

Portfolio Liquidation

Are you looking to recapitalize the business by selling a majority stake to aggressively take the business to next level?Sell complete portfolio
Who will remain on the ownership level?No one
Is the owner(s) planning to stay around? If so, what is their thinking?


What is the maturity level of the business?Post Revenue and Profitable
EBITDA or Profit for same period$642,627 per year
Trailing 12 Month Revenue$1,112,504 per year
Trailing 12 Month EBITA$642,627 per year
Any significant debt on the business?Zero Debt
Why did the business start?

Rent Roll

Why did the business start?

Rent Roll

How did business get to where it is at?

Occupancy rate 96%

Aggregations or Organic growth?


Any tailwinds or headwinds facing business/sector?

Value Add with a Cap Rate of 5%

Sector insights from owner and what the opportunity going forward with new owner might look like?

PRICE: $12.5M+ 3% Fee
98 Units

Palm Bay, Florida 32905

Gross Annual Income: $1,112,504

Annual Expenses: $469,877

Net Operating Income: $642,627

Occupancy: 96%

Cap Rate: 5%

Value Add, Value Add

What is the unique story of business -- how is it different then their competition –what makes them better/worse?

Built-in 1977

13 Buildings

Zero Debt

No Seller Financing

All Cash

Financials and Rent Roll Available

Provide any additional notes, information or data that supports this opportunity

$12.5M Price with a 3% fee

Date CreatedJanuary 3, 2023
Date UpdatedJanuary 3, 2023