$194K Norm. EBITDA Property Management Company - Business for Sale
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Property Management Firm Serving 32 Communities in Washington, D.C.
Washington, DC, US
Added 1 month ago
Property Management
40 years in business
Retiring Owner
This Washington, D.C.-based property management company provides full-service association management to 32 condominium, cooperative, and apartment communities, managing 1,691 residential units with a team of seven employees.
Key Information
Asking
–
Revenue
$1.4M
Earnings
$194K
Multiple
–
Key Highlights
- Washington, D.C.-based property management company with over 40 years of continuous operation
- Manages 32 condominium, cooperative, and apartment communities in upper northwest Washington, D.C.
- Portfolio includes 1,691 residential units
- All 32 clients pay monthly in advance via ACH under annual auto-renewing contracts
- Seven employees, including two licensed property managers, are expected to remain post-close
Contact Info
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