Business Overview

Rare opportunity to acquire this free standing asset in the heart of the city. This is a value add opportunity which has continuously demonstrated a tremendous amount of cash flow over the years. The Ladder House presently provides sober housing for male inmates returning to the Lawrence area .The Essex County Sheriffs Department
is responsible for the required transport and supervision. The property presently holds up to 26 inmates at any given time. The entire first floor can be outfitted with additional rooms to further increase the cash flow. The structure also lends itself to a wide variety of uses. Financials are available upon request.

Financial

Seller Financing Available

  • Asking Price: $1,199,900
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1910

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:8,676
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A