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High End Property Management Business For Sale
Location: United States -> Alabama
Industry: Real Estate > Other Real Estate




Business Summary

REDUCED PRICE

Company provides leasing and management of residential homes, townhomes and condos along with Brokerage for investors selling and purchasing investment properties. The company focuses on high quality homes in desirable areas that attract tenants with the highest financial qualifications.

They currently manage 110+ homes and have great retention consistently staying occupied 97% or higher based on the higher demand generated from their residential tenants coupled with the higher quality of the homes they manage.

Not many single family property management firms in the Birmingham area that cater to higher end homes.

Continue to grow the business by adding more homes for leasing and property management. A great opportunity for an outside property management firm adding to their portfolio while improving their cash flow.

Currently shared office space and not having to pay any rental expenses. Can be run out of office/home


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $325,000
Cash Flow:   $265,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2010
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  6 weeks
Reason For Selling:  other interests

Photos

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High End Property Management Business For Sale Photo 1




Print Listing Id: 700355830
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Related Searches: Commercial and Residential Real Estate Brokers  >  Mortgage Brokers  >  Title and Escrow  >  Other Real Estate  > 

Also See: Franchise Opportunities > Franchise Resales > Alabama Businesses For Sale > Alabama Franchises For Sale > Alabama Business Brokers



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