Tupelo Data Room
Property Management, Other Service Businesses
Active

Commercial Property Management Company in Houston

Texas, United States
Asking Price$955k
Revenue$1.67m
EBITDA-
Cash Flow$314k
Description
The founder of this established, profitable commercial real estate management company is retiring and seeking a qualified buyer committed to providing the same top-notch customer service for its investor clients and tenants. This is a well-established platform upon which the right Buyer can continue to build. The seller is only interested in engaging with prospective buyers who have direct experience in property management. This management company has cultivated a loyal client list of investors over 30 years with assets under management that include commercial, retail, investment, and development properties. The company excels in operations: collecting rents, disbursing payments to investors, monitoring maintenance, coordinating renovations, handling documentation, managing tenant requests, and overseeing leases and evictions. The company’s primary goal is to increase the ROI and value of the assets for its clients. Industry-leading reporting systems provide financial reports on a cash or accrual basis, in any format requested for a chart of accounts. The owner is extremely well-connected in the Houston commercial real estate market and is flexible in assisting the successful buyer with a suitable transition plan. Critical support staff and project managers will remain with the company. Pre-approved for SBA financing. Note: Buyer must have a Texas real estate license at time of closing. Please refer to CBB Listing #8352
Furniture Fixtures & Equipment
$6k
Number of EmployeesFull-Time: 3
Year Established
1982
Reason Selling
Retirement
Facilities & Assets
1041SF in office bldg
Support & Training
Seller will train.
Growth Opportunities
Add a salesperson to proactively seek new clients.
Financing Options
SBA financing available
Asking Price$955k