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Established Residential Property Management Company

Colorado, USA
Updated 12 hours ago
Established 1996

Long-established residential property management company serving Northern Colorado for 30 years. Approximately 250 doors under management across a well-diversified owner base — largest single owner represents only 6% of the portfolio. Fully contracted, recurring-revenue model with transferable management agreements in place with every owner and tenant. The Company specializes in the middle-to-upper single-family residential market and is known for personalized, high-touch service: every call is answered by a live person, and the owner personally screens every applicant. Recently completed comprehensive technology platform upgrade (cloud-based property management, document management, and accounting systems). Established team of three full-time and one part-time employee. The non-owner General Manager (a licensed broker) is willing to remain for 3–9 months post-close to assist with transition and licensing requirements.

Business Is

relocatable

Internal Id

10037

Ff&e Included

Yes

Financing Notes

SBA Eligibile

Growth & Expansion

Several actionable revenue opportunities the current owner has not pursued: (1) Management fee modernization — current rates are below Northern Colorado market; (2) Subcontracted service markup — industry standard is 10–20%; the Company currently applies minimal markup; (3) Active digital marketing — no current marketing program; (4) Automated tenant communication layer; (5) Employee benefits program (401(k), healthcare).

Inventory Included

No

Support & Training

Owner will provide a reasonable handoff period and is available for introductions to key owner clients. The non-owner General Manager (a licensed broker) is willing to remain as W-2 employee for 3–9 months post-close to hold the qualifying Managing Broker license, provide operational continuity, and complete knowledge transfer.

Facilities & Assets

2,600 sq ft leased office in Larimer County. Includes nine offices, meeting room, and reception area. Modern technology stack: cloud-based property management platform, cloud document management system, and accounting software. Office furniture, computers, and equipment convey at close.

Number Of Employees

4

Market & Competition

Northern Colorado residential rental market remains durable. Larimer County (5% growth since 2020) and Weld County (15% growth, fastest in Colorado) continue to expand. The Company has built a 30-year reputation in the community with strong family-name recognition that transfers with the business. Largest single owner concentration is only 3.3% — minimal client concentration risk.

Real Estate Included

No

Reason for Selling

Retirement

Financials

Asking Price
$390K
RevenueMost Recent Year
$467K
Earnings (SDE)Last Reported
$138K
Assets ValueIncluded in Asking Price
$5,000
Seller Financing
Not available

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