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ADDRESS UNAVAILABLE
Costa Mesa, CA 92627

$295,000 
  • -- Beds
  • -- Baths
  • Commercial
  • Active
ADDRESS UNAVAILABLE, Costa Mesa - 589990389

Property Description , Costa Mesa CA 92627

Property management Business for Sale. 103 units total currently managed with room for massive growth. This is a highly profitable business with nearly zero expenses. Perfect for a Broker who wants guaranteed income every month. $9,995.66 actual gross income per month. $5,694.93 actual current net income including payment of one independent contractor who runs the business. Keep the independent contractor and have a hands off $5,694 per month or manage the business yourself and net over $9,000 per month. The business consists of managing residential rental properties most in nice areas, coordinating maintenance, preparing properties for lease (auto Showings), collecting rents (automated), and emailing monthly accounting to owners. In addition to the management income, the business generates frequent real estate sales commissions from the owners of the rental properties (not included in the listed income)

  • Property Class: Business Opportunity
  • Listing Status: Active
  • City: Costa Mesa
  • State: CA
  • Zip: 92627
  • Area: C5 - East Costa Mesa
  • County: Orange
  • Class: Commercial
  • Baths (F/H): -- / --
  • Baths Partial: 0
  • Listing#: SW18272528
  • List Date: 11/13/2018
  • Last updated on: 12/19/2018

Additional Information , Costa Mesa CA 92627

  • Gross Income: 119947.92
Courtesy of Ryan Schneider, Alluvium Property Management
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Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.