Multi-Family And Condo Property Management
Location Florida,United States
Asking Price Range $500K - $1.0M
Gross Revenues $436618
Net Profit / Cash Flow $318053
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2005
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Training Seller will train for 10 days, up to 4 hours per day. Seller is also willing to remain with the company in a consulting capacity.
Reason for Sale Seller has other business obligations, manages another company.
Description Established property management company for sale which oversees the daily management of garden apartments, condos, and HOA Associations. In addition, this company is involved in leasing of vacant units at numerous residential communities. Revenues have remained stable for the last three years. The owner's benefit in 2009 totals $260,000. Excellent books and records to substantiate all revenues and expenses. A unique and very profitable opportunity for an owner/operator. Seller is willing to stay on in a consulting capacity.
Seller is willing to finance up to 60% of the purchase price.
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