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.
- Asking Price:
- $390,000 Furniture / Fixtures included
- Sales Revenue:
- $467,000
- Cash Flow:
- $138,000
Property Information
- Location:
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Northern Colorado
- Premises Details:
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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.
Business Operation
- Expansion Potential:
-
Several actionable revenue opportunities the current owner has not pursued: (1) Management fee modernization — current rates are below Northern Colorado market; (2) Subcontracted service markup — industry standard is 10–20%; the Company currently applies minimal markup; (3) Active digital marketing — no current marketing program; (4) Automated tenant communication layer; (5) Employee benefits program (401(k), healthcare).
- Competition / Market:
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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.
- Reasons for selling:
-
Retirement
- Employees:
- 4
- Years established:
- 1996
Other Information
- Support & training:
-
Owner will provide a reasonable handoff period and is available for introductions to key owner clients. The non-owner General Manager (a licensed broker) is willing to remain as W-2 employee for 3–9 months post-close to hold the qualifying Managing Broker license, provide operational continuity, and complete knowledge transfer.
