Residential Property Management Business

Jackson, MS
Hinds County

Jackson, MS Metro Area

Asking Price: Annual Revenue:
$750,000 $867,226

Services: Real Estate

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RE: Residential Property Management Business Broker: Trey
Owner Financing is Available!
Some owner financing may be considered.

Quick Facts

Asking Price: $750,000
Annual Revenue: $867,226
Net Profit: $215,916
Cash Flow: $215,916
Total Debt: Not Disclosed
FF&E: $3,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 7
BBN Listing #: 170058311
Broker Reference #: Not Disclosed

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Business Overview:

Established property management business with stable income and steady income growth. 2018 Gross Revenue of $712,528 (NOI of $243,000) and in 2019, Gross Revenue of $867,226 (NOI of $254,775).

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Property Features and Assets:

Option to purchase real estate is available, both investment properties in portfolio and office building occupied by the company.

Market Competition and Expansion:

Great growth potential as no direct marketing for new business is currently being utilized. Referral sources in place to drive new business to the company. Multiple sources of revenue provide huge upside.

Reason for Selling:

splitting company

Additional Details:

  • The property is owned.
  • 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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