Abb_logo
  • Log in
  • Sign up
  • Phonelogo
    713-401-9110
  • HOME
  • BUSINESS FOR SALE
  • HOTELS FOR SALE
  • ABOUT US
    • About Us
    • Our Professionals
    • Affiliations
    • Outside Resources
  • SELLING A BUSINESS
    • Selling Tutorial
    • Seller FAQ
    • Seller Articles
    • Seller Registration
  • BUYING A BUSINESS
    • Buying Tutorial
    • Buyer Registration
    • Buying FAQ
    • Buyer Articles
  • CAREER
  • BLOG
  • CONTACT US
Printer
FacebookLinkedinTwitterEmail



Sold

HOA Property Management Company


15

This is a property management company managing commercial, residential, and multifamily properties in Austin area.  They currently manage 48 properties that include condos, apartments, and residential buildings.  They have a full-time staff on call 24 hours, seven days a week to insure timely responses to inquiries and maintenance issues.  The company offers full HOA property management services including maintenance administration, property inspections, board education and financial management. Management is dedicated to providing exceptional value, transparency, and quality service to every association that they manage. The company handles every aspect of HOA property management so that board members can focus on what's most important for their community and their  residents. The company has a corporate office in Austin that includes 3 offices, an accounting room, a file room, and conference room.  They utilizes Yardi Property Management Software. 



Listed By: Jeffrey Jones

Background information

Reference:

82520

Year established:

1990

Reason selling:

Semi-Retirment

Finance

Sales:

$760,000

Profits:

$43,656

Profit type:

Discretionary Earnings

Operations

Employees:

2 owners, 3 office staff, & contract maintenance staff.

Equipment:

Includes office furniture

Premises

Facility:

Includes 3 offices, an accounting room, a file room and a conference room.

Square footage:

1846

Rent and lease terms:

Current monthly rent is $4,350 gross. Lease expires 8/31/24. A new 3 to 5 year lease is available starting at $4,615 P/M.

Location:

Austin area

Price and terms

Price:

$120,000

Down payment:

$40,000

Financing:

$40,000 cash down and Seller Financing $80,000 payable over 60 months * 6% interest = $1,546.62 p/m.

Training:

As needed

Copyright © 2025 advancedbb.com - Powered by DealRelations CRM