Residential Property Management portfolio – contracts to manage 176 SF

Pittsburgh, PA
listing image
Asking Price:$180,000
Established Year:2020
Gross Revenue:$230,000
BUSINESS DESCRIPTION

Contracts to manage SF doors primarily located in Allegheny Co

Single family residential property management firm is divesting its Pittsburgh-area property portfolio. Currently 176 doors, located throughout the Pittsburgh metro area. Properties are currently managed by two licensed PMs, both W-2 employees of seller, and available for hire by the buyer.

Seller looking to sell contracts – no office leases or other overhead to take over, other than employees, if desired. Perfect for an existing operator in the Pittsburgh market to expand their current portfolio, or a new business opportunity to step into with diverse, consistent recurring revenue and existing management resources. Seller currently uses Property Ware PM software platform.

In addition to management fees, opportunity for additional revenue includes maintenance fees, leasing and renewal fees and fees for other ancillary services.

NDA attached - please sign and submit to receive additional details. jgoodman@pctadvisors.com


ATTACHED DOCUMENTS
Mutual NDA Template (082024).pdf.pdf Download

DETAILED INFORMATION
Location
Pittsburgh, PA
Inventory
Not Included in asking price
Employees
2
Reason for Selling
Established, multi-state PM firm divesting contract portfolio in non-core market
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John Goodman
John Goodman