180 Doors, 12-Year Contracts, $202K SDE - Reno PM Co For Sale
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180 Doors, 12-Year Contracts, $202K SDE - Reno PM Co For Sale
This established property management company has quietly built one of the most defensible books of business in Northern Nevada. With 180 properties under management, 80 owners, and long-term full-service contracts in place, revenue is sticky and predictable, not dependent on chasing new clients.
The Numbers:
• Annual Revenue: $360,000
• Seller's Discretionary Earnings: $202,000
• Asking Price: $600,000
• FF&E: ~$7,000
The business operates from a professional office in Reno, NV with a lease in place through late 2027. The seller will provide 14 business days of training to ensure a smooth transition.
Ideal Buyer:
This opportunity is best suited for a licensed Nevada real estate professional looking to own a scalable, recurring-revenue operation. Buyer must hold an active Nevada Real Estate license, Property Manager license, and Broker license (or be prepared to obtain them).
This established property management company has quietly built one of the most defensible books of business in Northern Nevada. With 180 properties under management, 80 owners, and long-term full-service contracts in place, revenue is sticky and predictable, not dependent on chasing new clients.
The Numbers:
• Annual Revenue: $360,000
• Seller's Discretionary Earnings: $202,000
• Asking Price: $600,000
• FF&E: ~$7,000
The business operates from a professional office in Reno, NV with a lease in place through late 2027. The seller will provide 14 business days of training to ensure a smooth transition.
Ideal Buyer:
This opportunity is best suited for a licensed Nevada real estate professional looking to own a scalable, recurring-revenue operation. Buyer must hold an active Nevada Real Estate license, Property Manager license, and Broker license (or be prepared to obtain them).
About the Business
- Years in Operation
- 10
- Employees
- 3
- Facilities & Assets
- This property management company has built a solid foundation in the Northern Nevada market, growing its portfolio to 180 properties across 80 owners. What sets the operation apart is the quality of its client relationships — the business operates on long-term, full-service management contracts, reflecting a high level of trust between ownership and the clients it serves. The company manages all aspects of the landlord relationship from a professional office in Reno, NV, and has established systems and processes that allow for consistent delivery without the owner having to be involved in every detail.
- Market Outlook / Competition
- The Reno property management space has roughly 13 to 26 active companies depending on market segment, ranging from solo operators to regional firms. Most compete on price or volume. What differentiates a well-run PM operation is contract quality, client retention, and reputation — areas where a business with long-term full-service contracts and a stable owner portfolio already holds a meaningful edge. The market is fragmented enough that a buyer with strong operational focus and an existing license can compete effectively without needing significant marketing spend to sustain revenue.
- Opportunities for Growth
- The Reno rental market is expanding. Average rents hit record highs in late 2025 and continue to climb, with year-over-year growth of 5 to 7% in early 2026. As more investors enter the Northern Nevada market, demand for professional property management services is increasing alongside it. A buyer with an existing real estate network or investor relationships could accelerate portfolio growth significantly. There is also room to expand service offerings, add doors through referral partnerships, or layer in complementary revenue streams such as leasing fees and maintenance coordination.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,200
- Rent
- $2,587 per month
- Lease Expiration
- 11/30/2027
About the Sale
- Seller Motivation
- Moving on to other ventures.
Listing Info
- ID
- 2534152
- Listing Views
Listing ID: 2534152 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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