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Charleston Commercial Property Management and Maintenance

Charleston, SC

Seller Financing Available

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Sale Pending
Asking Price:$699,000
Gross Revenue:$641,000
Rent:$920/Month
Established Year:2004
Cash Flow:$284,000
Inventory:$15,000
FF&E:$51,000
Listing ID: 2086721Listing provided by BizBuySell
BUSINESS DESCRIPTION

This is a Commercial Property Management business that consists of long-standing automatically renewable annual contracts for property management, regime management with a focus on maintenance. A great add-on for an existing real estate company who wants of offer property management services.

This company performs third party maintenance as well as their own properties.
A Property Manager In Charge (PMIC) is required to operate this busines.
https://llr.sc.gov/re/sbreq.aspx.

DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Building SF
250
Lease Expiration
31/12/2023
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Managers Office, Storage Unit, 2 vans (E150 and Transit, 1 pickup truck
Competition
Great steadily expanding market. commercial properties occupancy continue to grow,
Growth & Expansion
Provide third party property management and / or maintenance for other real estate companies. Work on adding a website and automating service calls.
Financing
Seller financing may be available, up to 3 years, depending on experience of buyer.
Support & Training
A Property Manager license is required, and Seller will stay on for 2 months to assist with transition,, if needed.
Reason for Selling
Retirement
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Steve
CBI
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Steve CBI
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