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Property Management Firm for Multifamily Units in Milwaukee, WI

Milwaukee, WI, US

Added 1 month ago

Property Management Services

Absentee / Semi-Absentee

Established property management firm in Milwaukee, WI, specializing in multifamily units with a strong client base and over 15 years of operation.

Asking

$3.9M

Revenue

$3.6M

Earnings

$1.0M

Multiple

3.7x

2022 sales were $3,628,577
Client mix: 85% multi-family housing/apartments, 10% single family homes (multi-unit), 5% commercial
Business has operated for over 15 years in Milwaukee & Kenosha area
Approximately $450,000 in assets included (company vehicles, deposits, accounts receivable)
Staff includes a Controller, two Senior Vice Presidents, a Superintendent, 3 Property Managers, 3 Maintenance staff, and 1 Office Administrator
Owner is willing to roll equity for up to 25% and provide a 4–5 year transition period
Two banks have pre-approved the loan for a qualified buyer with only 10% down and 65% from a lender

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Established Property Management Firm for MultiFamily Units - Business for Sale