Business For Sale

Solid Residential Property Management Business

Not Disclosed, FL
Duval County

Asking Price: Annual Revenue:
$1,100,000 $1,177,593

Services: Real Estate

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RE: Solid Residential Property Management Business Broker: Kimberly Deas
Owner Financing is Available!
$120,000 down/$100,000 for 48 mos. @ 7% / Other Financing

Quick Facts

Asking Price: $1,100,000
Annual Revenue: $1,177,593
Net Profit: Not Disclosed
Cash Flow: $380,099
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2004
Employees: 8
BBN Listing #: 87124955
Broker Reference #: 1045-14411

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Business Overview:

Residential Property Management business for sale in Jacksonville. 668 accounts under management with an average commission of 8.28%, average rent of $909 with 265 owners and 9 with more than 10 properties. 95.3% occupied properties. Well-run operations with maintenance staff. Long-Term staff that is cross-trained. All offers will require proof of funds or pre-qualification letter. Full memo with NDA and PFS. Bank financing available for well-qualified buyers. Will not last. Call today!

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Property Features and Assets:

Currently located in a stand-alone facility. Business can easily be relocated. Total Assets; $20,000.

Reason for Selling:

Seller is retiring.

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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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