File Number-#0735 | Location-Tri-County Area of 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- Mon-Fri 9am-5pm | Reason for Sale-Other Business Interests
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!!
