The two complexes are conveniently located just a minute's drive apart. One complex comprises seven rental units, while the other currently has no rentals. The vendor is open to considering the exclusion of these rentals from the sale if necessary.
The combined income from both complexes is $192,373, and the management rights are priced at $900,000. One complex has a 10-year agreement with a remaining term of 10 years, while the other features a 25-year agreement with 22 years left to run.
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