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1910 North State Street
Belvidere, IL 61008
Asking Price
$1.90M
Cap Rate
7.84%
Asset Type
Auto Shop Retail
Class
Class B
What's Special
Profitable Business with Premium Location <p>Rare opportunity to acquire a highly successful, turnkey transportation business along with its strategically located commercial real estate. The sale includes the real estate, the established limousine and transportation business, and a fleet of 18 well-maintained vehicles, making this a truly unique investment.</p><p></p><p>The business has built a strong reputation throughout Northern Illinois and generates over $1M in annual gross revenue. Revenue is diversified through multiple transport
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NOI
$80,000
Cap Rate
4.21%
DSCR
0.71
Underwater
Cash-on-Cash
-5.75%
Monthly Payment
$9,400.163
Annual Cash Flow
$-32,801.96
