Semi-Absentee Residential Property Management Co

 

Nearly absentee residential property management company for sale in Southwest Riverside County. Well diversified portfolio consisting of single family homes. Company is primarily staff run with the owner only spending 5 Р10 hours per week in the business. Company is well established and revenue has been very consistent. Buyer must possess or be able to obtain a real estate broker license. Seller is retiring and will provide training. This opportunity will sell fast! Please contact listing agent, Sean Seaman, immediately for more details. (858) 472-3297.

Financial Information

Asking Price:
$850,000
Down Payment:
$750,000
Gross Sales:
$518,356
Total Income:
$272,291
Equipment/Fixtures:
$15,000
Inventory:
$
Location:
South Riverside County
Business Type:
Service

Seller Carry Terms Offered:
$750,000 DP; Balance SCN for 24 months at 6% interest

Asset & Lease Information

Inventory Included:
$
Leasehold Improvements:
$
Equipment/Fixtures:
$15,000
Base Rent:
$
Total Rent:
$1,950
Rent Deposit:
$1,750
Lease Ends:
Lease Options:
Month to Month
Facilities:
1,200 ft2
Year Established:
1991
F/T Employees:
3
P/T Employees:
1
Contract Labor:
Support/Training:
2 Weeks

Special Licence Required:
RE Broker
Other Assets:


Agent: Dustin Sigall c: (858)382-4974 e: dustin@fcbb.com