Property Management Brokerage For Sale By Owner
Location Indiana,United States
Asking Price Range < $250K
Gross Revenues $210000
Net Profit / Cash Flow $85000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2012
Number of Employees 4 - 5
Inventory 5000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Owner will provide training for 60 days
Reason for Sale I own another bussiness that I need to focus on.
Description Currently managing 125+ residential properties in Indianapolis. The investors that own these properties are buying 3-5 more every month. We are currently assiting in the purchase, rehab, occupancy, and management of every property.
There are 3 strong revenue streams (Management, Sales, and Rehab)
1 Full time property manager, 2 full time maintenance technicians, 1 part time leasing agent currently.
2012 Net Income was over $85,000
2013 Projected Net Income is over $100,000
Asking $100,000 - Owner financing available with 50% down.
There are not a lot of assets with this business (signs, lockbox's, small tools, door locks, shirts, etc)
Operating costs are very low (Office space is $400 per month and includes internet). Phone line, E-Fax Service, Website, Management Software, and gasoline are your biggest expenses.
Call Thomas Wright 317-428-8076
Click Here To Contact Seller
|
|