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English » News » Newsletter Archive » 2008 » Newsletter 11/2008 » Special Offer: Company in Miami Beach for sale
The company was established in the spring of 2006 for the acquisition of an apartment building with 16 apartments in Miami Beach. The building was then renovated under German supervision and turned into condominiums. 5 of the 16 condos were put up for sale in 2007, so that the company is now maintaining 11 apartments, which are fully let. The location in the historic Art Deco District of South Beach guarantees a constant high rental income. Due to the fact that all apartments have been completely redeveloped prior to being rented out, including new windows, doors, kitchen appliances, air conditioning etc., maintenance costs are now very low. An expert appraisal is available.
Have a look at the property here. In case you are interested, please contact visa@americandream.de.
Company seat: Miami Beach
Established: May 2006
Business activity: Legally: any legal business activity, not limited to a specific activity
Currently: Renting out condominiums owned by the company
Assets: 11 studio apartments in Miami Beach, fully let
Personnel: No permanent employees, but contracts with independent gardeners and cleaning and maintenance personnel
Information for investors:
In the actual business the investor may, if he/she wishes, assume a rather passive role with minimal expenditure of time and energy. If preferred, the management can be left in German hands and continued on-site. The lull in real estate sales has led to an increased demand for rented apartments, and in combination with the very attractive location of the property, the consequence is fully let apartments and a solid rental income. Since this is a substantial investment, eligibility for the E-2 Treaty Investor Visa should be checked. And because the strategy cannot include quick selling of the property after acquisition, the investor will sooner or later be able to enjoy rising property value.
Purchase price:
US-$ 2,480,000
Here it should be mentioned that the acquisition of a company entails significantly lower additional costs than the acquisition of 11 individual pieces of real estate.
The American Dream Service GmbH would like you to note that we do not take any responsibility for the information provided by the seller. We would be glad, however, to help you with your visa application, if you wish!
This is a once in a lifetime chance to be able to live in America and experience the rich and...
Thank you for announcing me a winner. May God bless National Visa Service.