Semi-Absentee Residential Property Management Co
Sold
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 – 10 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.
- 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
Financial 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:
Asset & Lease Information
Agent: Dustin Sigall c: (858)382-4974 e: dustin@fcbb.com