Businesses For Sale

Property Mgt Co. - Raleigh

Asking Price:$137,500 Gross Income:$268,488 Cash Flow:$59,866 FF&E:$0
Inventory:$0 Real Estate:$0 Employees:9

Description:This is an excellent investment opportunity to acquire a property management business with a solid base to grow upon. The Company has contracts to operate 173 apartment units and 3 single family homes. The business is a turnkey operation and holds the exclusive license from a national property management company for the Raleigh area. This opportunity makes for a great investment for an entrepreneurially minded owner/operator looking for a business with good growth potential or for an existing industry participant who would enjoy significant operating synergies. This opportunity requires the buyer to hold a NC real estate license.

Growth/Expansion:The current owner has not fully marketed to the single family home market and with the large territory that the company owns, there is a huge opportunity to expand this part of the business.

Support/Training:Training and transitional help will be provided by the owner.

Contact Information

Contact:   Tim Martin

Phone:   919-524-7070


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