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For Sale: Commercial Property Management - 18 Locations - Los Angeles, California

$1,875,000.00

Asking Price

  • Address: Los Angeles,

  • Status: Active

  • Posting ID: 285743

  • 3/20/24

Los Angeles Commercial Property Management - 18 Locations Business For Sale

Description

Property Management with 18 Commercial & Retail Locations!
 

This commercial property management company provides tailored solutions for property owners, landlords, and investors. They boast a book of 18 commercial and retail properties under management with several recurring revenues streams that include property management, commissions and contractor and maintenance fees.  The bourgeoning enterprise boasts a professional team of seasoned professionals that help to ensure seamless operations that has resulted in the financial success the company has realized from its real estate portfolio.   

The 2,500 square foot location leases for $4,340 per month which includes monthly common area maintenance expense on a lease until November 2024. It’s estimated that only 50% of the office facility is necessary for the property management portion available for acquisition.  All of the business’s property management related furniture, fixtures, equipment and goodwill will be included in this sale, however the enterprises related real estate licensing will not be included. 

The firm's commitment to optimizing asset performance and ensuring seamless operations, coupled with a professional team offering tailored strategies, makes it a top choice for clients who seek efficiency and value in their real estate portfolios.  As such, they have a sustainable competitive advantage. 

New management may capitalize on several aspects of this commercial property management operation.  To begin, they may use it as a core component of a larger company or its may supplement an existing commercial real estate enterprise.  The company had paid over $152k/year over the past 3 years in leasing commissions. An active owner/operator may cover this function themselves and retain these paid fees. 

To get more information about this Commercial Property Management - 18 Locations business for sale in Los Angeles please phone Ryan Clark (Broker - BRE License #:01399346) at 310-652-8353 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #285743 on BizBen.com. In addition to phoning Ryan Clark, make sure you email Ryan Clark above to get more info about this Commercial Property Management - 18 Locations, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01399346. The Veld Group.

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Contact

  1. Name: Ryan Clark
  2. phone iconPhone: 310-652-8353

Details

  1. Asking Price: $1,875,000.00

  2. Down: $1,875,000.00

  3. Cash Flow: $528,177.00

  4. Revenue:    $1,033,394.00

  1. Area: Los Angeles

  2. City: Los Angeles

  1. Attributes:

    Broker CooperationRelocatable

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Related Links & Information Regarding This Posting

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