NOT DISCLOSED, Colorado
| Asking Price |
$390,000 |
Year Established |
1996 |
|
| Annual Revenue |
$467,000 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Ross Houk |
|
| Annual Cash Flow |
$138,000 |
Listing Number |
1012472 |
|
| # of Employees |
4 |
Business Category |
Services: Real Estate |
|
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
Property Features and Assets:
<p>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<br></p>
Market Competition and Expansion:
<p>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<br></p>
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity