A well-established and historically profitable residential property management company based in San Francisco. The firm holds contract agreements with fifteen landlords/property owners, overseeing apartment rental units in some of the City’s most desirable neighborhoods, including Nob Hill, Russian Hill, Pacific Heights, Presidio Heights, and North Beach.
This business has been prequalified for 7A bank financing for a qualified buyer. Depending which bank used, the down payment will range from 10-15%.
This business can be run without a CA RE license, but Seller recommends that buyer have or obtain, at least a Sales Agents license, as it provides more opportunities for future income. Supervising RE Broker's license holder is available for qualified buyer.
Property Portfolio
• Mix of studio, 1BR, 2BR, and 3BR units.
Services Provided
• Tenant management
• Property maintenance
• Financial oversight
• Legal compliance
• Marketing and leasing
• Landlord/tenant liaison
Business Highlights
• Successful, continuous operation for 28+ years
• Lean, capable, and stable staff in place (will train replacements if needed)
• Portfolio concentrated in high-demand San Francisco neighborhoods
• Long-standing landlord/owner relationships (average tenure 10+ years)
• Highly functional website and established marketing apparatus
• Streamlined operational systems and vendor network ensure efficient ownership transition
• CONSISTENT PROFITABILITY W/ MINIMAL OWNER TIME COMMITMENT (LESS THAN 10 HOURS WEEKLY)
Ad#:2418533
