Don’t miss this unique opportunity to own a turn-key property management company! Established in 2012, with 12 years under its belt, the Company has succeeded in building a solid and steady portfolio of over 300 doors across over 150 properties. The Company’s diverse portfolio includes small apartment buildings, unique multi-family properties, single-family homes, and condominiums. The Company does not engage in short-term rentals, vacation rentals, or HOA management. The fees charged range from 6 to 8 percent.
The Company has averaged 30% growth year over year since inception, with the greatest growth of approximately a 37% increase in doors and a 101% increase in revenue from FYE 2019 to FYE 2023. Without advertising.
However, the Principals are selective about all those the Company works with; from like-minded property owners who understand the value of proactive property maintenance and positive tenant relationships, to vendors and staff, resulting in a slightly reduced rate of growth.
A solid team of three DRE licensed agents who have made property management their career, as well as one administrative assistant, round out the team.
The area is known for its solid, stable rental market, which historically remains steady and strong, even when other nearby areas are shaky.
Prospective buyers are required to have an active CA DRE Broker’s License. It’s highly recommended that prospective buyers also own an existing property management company and/or have extensive experience working in the CA property management industry.
Don't miss out on the chance to acquire a thriving property management company with ongoing potential for growth. Take the next step in your real estate journey and become the proud owner of this diverse and well-managed portfolio.
NDA is required to secure a comprehensive Confidential Information Memorandum (CIM).
