Established Property Management Company - SOLD
Sold Listings / 1325 views / Sold
This established property management company for sale has decades of experience and presence. With a special focus on long-term relationships with rental property owners and homeowner associations, they provide clients with a level of professionalism and integrity known throughout the community. Their goal: treat the properties you manage like your mother lives there.
Services Provided:
- Residential/Commercial Properties
- Renting properties to prospective tenants
- Handling financial transactions (rent payments and bills)
- Upkeep of property as stated in lease, including maintenance requests
- Everyday management concerns, in accordance with state and local requirements
- Homeowner Associations
- Maintain financial aspects for the association
- Maintain maintenance needs for the association
- Facilitate board and annual meeting requirements
- Advise and facilitate HOA governing document changes and development of budgets and reserve studies
Investment Considerations:
- Recession and downturn resistant
- Minimal working capital required to operate the business
- There are approximately 1,200 doors under management
Financial Information:
Revenue | Cash Flow | |
2021 | $479,172 | $167,859 |
2020 | $538,795 | $254,030 |
2019 | $547,971 | $309,731 |
*Note: $66,470 of revenue pushed to 2022.
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- Location : Indiana
- Listing # : N2076