Property Management Company For Sale
Location Texas,United States
Asking Price Range $250K - $500K
Gross Revenues $228480
Net Profit / Cash Flow $177463
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2006
Number of Employees 1 - 3
Inventory 30000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train.
Reason for Sale Focus on other businesses.
Description This very profitable residential property management company currently serves the rapidly growing real estate market in Lake Conroe, Conroe, The Woodlands, and the surrounding areas. It has a history of efficiently and competently performing the complete set of property management functions including the advertisement and renting of properties, collection and disbursal of funds, coordination of maintenance and repair work, and monthly and year-end accounting. The full use of cutting edge software and internet technology enables a very efficient operation for property owners, tenants and vendors as well as the owner manager. A trusted and competent group of subcontractors perform repair and maintenance functions. With about 110 properties currently under management this company could easily be grown with advertising and marketing. Occasional sale of properties under management provides an additional and lucrative revenue stream.
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