Property Management Company

Property Management Company

Indianapolis
Listing Number:
 IEB-101-10

Financial Information

Asking Price: $299,000
Real Estate: Leased
Gross Revenues: $875,000
Cash Flow: $93,000

Business Description

This full service property management company provides tenant placement services, rent collection, inspections, maintenance, evictions and more. They specialize in the residential market.

The company has great, long-term relationships with its clients (property owners) and all clients are on a signed contract. There are multiple revenue streams from the more than 100 clients.

The rental market in Indianapolis is strong and is forecasted to remain robust. The business has a good management team in place that allows the owner to focus on growing this business and operating other non-related businesses.

The new owner will need to have a real estate license or be willing to obtain one shortly after the sale. The seller will assist in financing for the right buyer.

General Information

Facilities: Leased

Employees: 6

Support & Training: Seller will provide adequate post sale support for new owner

Reason Selling: Other Business Interests

Contact Information


Contact:
 Troy Frank
Phone: 317-333-6655 x 101

 

Indiana Equity Brokers
5750 Castle Creek Parkway, Suite 275, Indianapolis, IN 46250
Tel: 317-333-6655     Fax: 317-333-6654
info@indianaequitybrokers.com

 

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