Owner Financing is Available!
Business Overview:
This real estate company founded in 1978 is the oldest vacation rental company in Northern New Mexico. Located in the popular mountain region, this full-service firm specializes in sales of residential and commercial properties, property management, vacation rentals, and other real estate related activities available to the area. The current owner has doubled the number of rental properties being managed over the past eight years, which currently stands at 80 properties, a combination of homes and condominiums. This company maintains an excellent reputation for care and service, and enjoys a high percentage of repeat clientele. This is an excellent opportunity to get into an integrated real estate company which benefits both from rental and sales divisions.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
This 3,500 sq. ft. building has housed the business for 5 years. The seller owns the building; option to buy or to lease. The terms of either are negotiable. Current monthly payment is $1,750. Seller will provided management and training support.
Market Competition and Expansion:
Competition: This is the oldest vacation rental company in the area. They also maintain an excellent reputation for care and services and have a high percentage of repeat clientele. A well integrated company, the sales and rental divisions support each other, each drawing high activity.
Growth/Expansion: Agents are high producing, and the current owner has doubled the number of rental properties over the last 8 years. There is good opportunity for continued growth.
Reason for Selling:
Other interests.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.