Investment opportunity!! PURCHASE JUST THE BUSINESS $250, 000 AND LEASE THE 9000 SQ FT SPACE FOR $4800. 00 A MONTH. This fully functioning and very busy auto body shop is looking for a new owner. Comes complete with everything you need to walk in and take over the business. The business with all equipment bought in 2015 and newer 3 Lifts, Alignment Machine, Spray Booth, Tire Balancer, Tire Machine. All inventory of Parts cars, used parts, and new parts including headlights, radiator condensers and much more. Also includes over $40K Late model motors and transmission's which are all Subaru parts. Current business has a large customer base all over the northeast. One building is 8500 sq ft and was built in 2014 with radiant floor heat. Additional building that are currently being used for Storage could be used as another functioning space. All situated on 5. 63 acres of land right on Route 142 in Vernon. It also includes a transferrable and very hard to obtain Junkyard License. Please do not stop by the shop the owner is still conducting business.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,800
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $3,840 | $3,840 | $3,840 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $26 | $26 | $32 |
Total Monthly Payment | $101 | $101 | $107 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.