Skip to content

Businesses For Sale

Real Estate Management Company in NW Houston

Listing Agent:


Hal Poel

Call Agent
Email Agent

Available

Listing: # 8276

Price: $ 2,195,000

Location: NW

Listing Profile

Classification:

Real Estate

Purchase Price: $2,195,000
Real Estate Price: $0
Working Capital: $0
Total Investment: $2,195,000
Down Payment Required: $2,195,000
Gross Revenue: $8,975,374
Discretionary Earnings: $770,795
Imputed Rent: $0
Total Cash Flow: $0

Description and Operations


Established Date: 2017
Monthly Rent: $2400
Reason for Sale: Semi-retirement; focusing on acquiring properties for personal portfolio.
Employees(Full): 2
Employees(P/T): 1

Reason for Sale:
Semi-retirement; focusing on acquiring properties for personal portfolio.


Description:
This real estate management company’s mission is to maximize its private investor clients’ returns while minimizing the associated potential headaches. They accomplish this by providing truly end-to-end service: evaluating the Houston market for rental rates; advertising for tenants; showing the property; qualifying potential candidates; collecting and depositing monthly rent payments; and managing tenants on an ongoing basis. Maintenance and repair are performed by a wholly owned, separately managed, for-profit construction company which is included in this listing. The 500 doors it manages yields $9 million in annual rents collected and over $1 million in gross profit. 95% of its clients renew their annual contracts which reduces the risk profile for potential buyers.

Contact Hal Poel