Rent Roll Business with 450+ Properties!
Listing: #EL04598Hamish Turner
Broker | Hamish Turner & Associates

About this Business for sale in Auckland Region
Rent Roll Business with 450+ Properties!An unmissable opportunity in property management!
This is a rare chance to acquire a premium rent roll that has thrived organically over the last 15 years. With a team of dedicated, long-term staff, this business has built a reputation for excellence in the central suburbs of Auckland.
What truly sets this rent roll apart is its portfolio-based management approach. Every property is affluently located and is given personalised care to ensure clients receive exceptional service and satisfaction.
Business Highlights:
- 4 property managers
- High-quality properties
- 484 managed properties
- Exclusive focus on residential property
- Flexible vendor arrangements for building and lease
Opportunities:
- Strong Cashflow: Consistent revenue stream from property investors.
- Synergies: Potential to expand into complementary services, including repairs and maintenance, development, and accounting, among others.
Sales Revenue:
- Management Fee Income: $1,026,727
- Secondary Income: $198,209
Ultimately, this rent roll offers an unparalleled opportunity for those looking to expand their portfolio or start a new venture in property management.
Backed by a well-established operation, strong foundation, and a commitment to quality, this business is set to continue thriving with you at the helm. Plus, the current owner is open to partial vendor financing, making this venture even more attractive!
How are Rent Rolls Valued?
Rent rolls and property management businesses are typically valued based on projected annualized management fee income, rather than EBITDA. This approach highlights the strong potential for capital growth, making these businesses particularly attractive to Purchasers. For further details on rent roll valuations, please contact the broker listed below.
Ready to reap the rewards? Don't miss out on this incredible opportunity in the lucrative property management sector - enquire now!
Hamish Turner, hamish.turner@linkbusiness.co.nz
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
#wesellbusinesses #propertymanagement #rentroll #auckland
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.