Property Management

Not Disclosed, AZ
Maricopa County

Asking Price: Annual Revenue:
$520,000 $2,036,941

Services: Real Estate

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RE: Property Management Broker: Steve Anderson

Quick Facts

Asking Price: $520,000
Annual Revenue: $2,036,941
Net Profit: Not Disclosed
Cash Flow: $217,916
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 839130481
Broker Reference #: Not Disclosed

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Business Overview:

This full service Residential East Valley Property Management company opened in 2010 and now services 100 single family home clients and 75 4-Plexes. Largest customer owns around 11 homes. Owner owns 8 homes which shall add approximately $1,000 a month in revenue and shall be included as a client to the new owner. Company uses Appfolio software which owners and renters use to pay rent, see updates and even file work orders online which are then forwarded to 1099 contractors. This system allows the Seller a lot of freedom to travel and focus on other things. Contracts are staggered and renew up to 1,2 or 10 years. 2 websites are included in the sale. Buyer must be able to secure an Arizona Real Estate Brokers License. Buyer needs 10% down for SBA financing. OMC up to 5%. Qualified Buyers please contact Susan Tanko-Manogue. Please use email reply button of this ad to contact us.

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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.

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