Property management company that manages Residential and some Commercial investment properties, as well as Strata properties of all types (residential, mixed-use and commercial). The company manages 311 rental units and 736 strata units. Around 35% of property management revenue comes from strata properties. The company also provides real estate trading services. It is the oldest and largest company of its kind in northern B.C. The business is licensed and governed by the Real Estate Council of British Columbia and all required licenses are in place.
This is an established company (started in 1985) with a track record of consistent growth that provides quality service and has in place highly refined business practices, procedures and technology. The coming years revenue growth is expected to grow. Trained and responsible staff and senior managers are all in place and who would all like to stay on. There are four fully licensed Property Managers and four Strata Managers on staff. The owner is the Managing Broker and works on average 10 hours per week.
Asking Price $583,532
Converted From CAD
Exchange Rate $0.75
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