Hot Listing

Turnkey Property Management Company

Asking Price$275,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$157,500

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Hot Listing

Turnkey Property Management Company


Asking Price$275,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$157,500

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed


Seller Financing Available
Business Description
Established, turnkey residential property management book operating in some of Utah's strongest rental markets, including Park City and the greater Salt Lake area. The business manages 60 doors, made up of 58 long-term rentals plus two premium furnished short-term units, and the long-term units run entirely on AppFolio with clean, well-documented, fully transferable systems and records. Short-term runs on Guesty.

Revenue is recurring and fee-based at approximately 8.75% of collected rent on the long-term portfolio, plus ancillary income (varies depending on number of units). Rent under management is roughly $1.2M per year currently and about $1.5M per year at market. Current annual management revenue runs approximately $157,500

Monthly rents range widely, with individual units up to $8,000 per month, in supply-constrained resort and Wasatch Front markets where demand and rents have stayed strong. The revenue is sticky and contract-based, the owner relationships and local vendor network are established, and the day-to-day operation requires minimal owner involvement.

Reason for selling: the owner is relocating.

Detailed financials, complete rent roll, lease terms, and management agreements are available to qualified buyers upon signing an NDA.
About the Business
Years in Operation
15
Employees
1 Full-time
One full-time manager currently runs the portfolio day-to-day on AppFolio and kn
Currently Home Based
Yes
Market Outlook / Competition
The portfolio operates in premium, supply-constrained Utah markets in the greater Salt Lake area along with Park City, where housing demand and rents remain strong. Barriers to entry are meaningful: professional management here depends on established owner relationships, local vendor networks, and reputation, all of which are in place. Revenue is recurring and contract-based, providing stability through market cycles. Long-term rental demand in these resort-adjacent and metro markets has been durable, supporting consistent occupancy and rent growth over time
Opportunities for Growth
Additional units, geographies, short term rentals, second home management
About the Sale
Seller Motivation
Relocation
Transition Support
The current owner will provide a structured transition to ensure continuity of client relationships and operations. This includes introductions to property owners, handoff of all AppFolio records and workflows, vendor and maintenance contacts, and process documentation. The full-time manager who runs the book day-to-day is available to transfer with the business for a seamless handoff, or the book can be absorbed into a buyer's existing team. A reasonable transition period is available and negotiable. Detailed operational and financial records are provided to qualified buyers under NDA. A real estate license is required.
Listing Info
ID
2530692
Listing Views
20

Listing ID: 2530692 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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