MergerPlace

Commercial & Residential Property Mgmt.

Florida (Duval)


  • Asking Price: $275,000
  • Gross Income: $258,876
  • Cash Flow: $90,453
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $5,000
  • Listing ID: #203548
  • Established: 1900
  • Employees: 2 FT/2 PT

Business Description

Commercial and Residential Property Management Business for Sale in Jacksonville. Estimated 335 units with rents ranging 5%-10% (Avg 7%) with both commercial and residential properties with 50 owners. Estimated $166K in rents, $250k+ in total revenue. Staff available, if needed. Merge with your existing business or keep as a stand-alone business. Experience in property management is a must. Recast as merged with another business. Full financials on file along with tax returns. Very clean books and records. Full memo available with a signed confidentiality agreement. This will not last, call today!


Business Details

Primary Business Category: Real Estate and Rental and Leasing
Location: Florida
County: Duval

Company Information

Year Established: 1900
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 2 FT/2 PT

Financial Information

Asking Price: $275,000
Gross Revenue: $258,876
Cash Flow: $90,453
FF&E: $5,000
Seller Financing Available: Yes

Property Information

Facilities:

Month to month lease makes it easy to relocated this business.

Reason for selling:

Seller is retiring.

Support & Training:

Will train for 2 weeks @ no cost. Experience in property management is required as well as a FL Real Estate broker's license.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Kimberly Deas

Murphy Business Brokers