Multifamily Property Management
Asking Price: | $1,600,000 |
Gross Revenue: | $1,400,000 |
Cash Flow: | $500,000 |
Established Year: | 2018 |
A premier multifamily management company in Atlanta, GA. The firm is dedicated to providing exceptional property management services. Currently with a portfolio comprising of around 1,000 units across five locations, the business specializes in maximizing the value and profitability of multifamily properties through efficient management strategies, superior customer service and a commitment to excellence.
This property management business was started in 2018. As a broker in Florida and Georgia, the firm began marketing to single family home investors and grew over the next two years to around 40 properties in the Atlanta area. In 2020, the firm brought in a large developer with a portfolio in Atlanta / Decatur area.
Management started with half the developer's properties in January 2021, immediately improving the overall operations of their assets including rent collections, fixing problem areas and increasing occupancy. Through 2022, the firm expanded its portfolio to 1,000+ doors, establishing its focus on multifamily operations. The processes and experience has led to generating income and stabilization for all portfolio properties.
This business is poised for continued growth and success in the multifamily management industry. Its investors have more than 350 units ready for rehab and plenty of units to turn and rent.