Boulder-Established Residential Property Management
Not Disclosed, CO Not Disclosed
Colorado
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- RE: Boulder-Established Residential Property Management
- Contact: Ross Houk
Quick Facts
| Asking Price: | $390,000 | |
| Annual Revenue: | $467,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $138,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $5,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1996 | |
| Employees: | 4 | |
| BBN Listing #: | 1012472 | |
| Broker Reference #: | 10037 |
Business Overview:
Long-established residential property management company serving Northern Colorado for 30 years. Approximately 250 doors under management across a well-diversified owner base — largest single owner represents only 6% of the portfolio. Fully contracted, recurring-revenue model with transferable management agreements in place with every owner and tenant. The Company specializes in the middle-to-upper single-family residential market and is known for personalized, high-touch service: every call is answered by a live person, and the owner personally screens every applicant. Recently completed comprehensive technology platform upgrade (cloud-based property management, document management, and accounting systems). Established team of three full-time and one part-time employee. The non-owner General Manager (a licensed broker) is willing to remain for 3–9 months post-close to assist with transition and licensing requirements
Contact the Seller:
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Property Features and Assets:
2,600 sq ft leased office in Larimer County. Includes nine offices, meeting room, and reception area. Modern technology stack: cloud-based property management platform, cloud document management system, and accounting software. Office furniture, computers, and equipment convey at close
Market Competition and Expansion:
Northern Colorado residential rental market remains durable. Larimer County (5% growth since 2020) and Weld County (15% growth, fastest in Colorado) continue to expand. The Company has built a 30-year reputation in the community with strong family-name recognition that transfers with the business. Largest single owner concentration is only 3.3% — minimal client concentration risk
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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