Turnkey Property Management Company - Business for Sale
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Residential Property Management Company in Park City, UT
Park City, UT, US
Added 12 days ago
Property Management Services
15 years in business
Absentee / Semi-Absentee
This business is a residential property management company operating in Park City and the greater Salt Lake area of Utah, managing 60 rental units including both long-term and short-term properties.
Key Information
Asking
$275K
Revenue
$158K
Earnings
$100K
Multiple
2.8x
Key Highlights
- Business manages 60 doors: 58 long-term rentals and 2 premium furnished short-term units
- Long-term management fee is approximately 8.75% of collected rent
- Rent under management is approximately $1.2M per year currently and about $1.5M per year at market
- Business has been established for 15 years
- Location is Park City, Summit County, Utah
Contact Info
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