Established Residential Property Management Company
Business Description
Long-established residential property management company serving Northern Colorado for 30 years. Approximately 454 doors under management across a well-diversified owner base — largest single owner represents only 3.3% 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.
About the Business
- Years in Operation
- 30
- Employees
- 4 Full-time
- 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.
- Market Outlook / 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.
- Opportunities for Growth
- 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).
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- 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.
- Financing Options
- SBA Eligibile
Listing Info
- ID
- 2514325
- Listing Views
- 8
Listing ID: 2514325 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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