Property Management Company

Reference Code 0735

This is a great opportunity to own a well-established, very profitable and successful Property Management Company servicing the Tri-County Area of Michigan (Oakland, Macomb & Wayne Counties). Established in 2020, this profitable Management Company manages approximately 90 door units including Single Family Homes and smaller Multi-Unit Buildings. Possible growth of 100+ additional doors per year through a partnership with investors and rental home developers. Current owner does minimal advertising…a new owner/operator with some creative advertising/marketing along with expanding to other cities/counties, adding commercial properties, and networking with investors, you have HUGE potential. If you are looking for a well-structured, profitable Property Management Company, look no further! Great Cash-flow! Seller is willing to train new owner during the transitional period. A must see-must have business that will not last long! Seller will entertain all reasonable offers!!

Business Location Suburban Wayne County, MI
Gross Sales $590,390 Cash Flow $171,232 Business Price $225,000 Down Payment $80,000 Monthly Payment $2,940.08 Interest Rate / Amortization 8% int., amortized over 60 months License Required Sales, Real Estate Employees Full Time 3 (1099) Employees Part Time 2 (1099) Date Established 2020 Hours of Operation M-F / 9am-5pm Rent TBD Lease Period New Lease Required Reason for Sale Other Business Interest


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