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HOA Property Management Company
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This is a property management company managing commercial, residential, and multifamily properties in Austin area. They currently manage 48 properties that include condos, apartments, and residential buildings. They have a full-time staff on call 24 hours, seven days a week to insure timely responses to inquiries and maintenance issues. The company offers full HOA property management services including maintenance administration, property inspections, board education and financial management. Management is dedicated to providing exceptional value, transparency, and quality service to every association that they manage. The company handles every aspect of HOA property management so that board members can focus on what's most important for their community and their residents. The company has a corporate office in Austin that includes 3 offices, an accounting room, a file room, and conference room. They utilizes Yardi Property Management Software.
Listed By: Jeffrey Jones
Background information
Reference:
82520
Year established:
1990
Reason selling:
Semi-Retirment
Finance
Sales:
$760,000
Profits:
$43,656
Profit type:
Discretionary Earnings
Operations
Employees:
2 owners, 3 office staff, & contract maintenance staff.
Equipment:
Includes office furniture
Premises
Facility:
Includes 3 offices, an accounting room, a file room and a conference room.
Square footage:
1846
Rent and lease terms:
Current monthly rent is $4,350 gross. Lease expires 8/31/24. A new 3 to 5 year lease is available starting at $4,615 P/M.
Location:
Austin area
Price and terms
Price:
$120,000
Down payment:
$40,000
Financing:
$40,000 cash down and Seller Financing $80,000 payable over 60 months * 6% interest = $1,546.62 p/m.
Training:
As needed