Property Management and Rental Unit Firm

Seller Financing Available

Established in 2004, this Property Management Firm
operates throughout the Milwaukee area, offering its services
to property investors in various neighborhoods and
communities. This company provides a range of services
including rent collection, maintenance coordination, violation
monitoring, tenant screening and evictions. The company
primarily serves property investors who own duplexes and
single-family homes. Currently, they manage 100 units with
additional units in the pipeline. The company operates from a
1,200 sq ft furnished office space, providing a professional
environment for conducting operations. The team consists of
1 full-time secretary and 1 office assistant and 2 on the
maintenance team. The seller spends approximately 15 hours
per week in the business, providing light oversight and
coordinating contractors for unit repairs and renovations, and
he has offered a training period of 6 months to 1 year -
ensuring a smooth transition of operations to the new owner.
An attractive opportunity for individuals or firms looking to
enter or expand their presence in the property management
industry in Milwaukee. As part of the seller’s divestment
strategy, they are looking for a successor to assume
operations. This presents an opportunity for an aspiring
entrepreneur or an existing property management firm to
acquire an established business with a solid client base.
There are several growth opportunities for the potential buyer,
including increasing the number of rental units under
management, investing in additional units outside of the
current investor pool, and implementing a marketing strategy.
These avenues present potential for expanding the business
and increasing its profitability.