Short-Term Rental Property Management Company: 80+ Prime Locations

Price: $2,250,000
Annual Revenue: $3,233,807 Net Cash Flow: $370,885

Take advantage of this rare opportunity to acquire a profitable, turnkey, short-term rental property management company with a stronghold in key markets and significant upside potential:

  • One of the Midwest’s leading short-term rental operators with 80+ units under management in prime locations with competitive supply constraints.
  • Owning the industry’s most desirable brand name and domain name allows the company to gain instant credibility, support long-term brand value growth, and position the brand as an attractive acquisition target by incumbents.
  • All units are operated on a lease-based model commonly referred to as rental arbitrage, with coveted landlord partnerships in place and additional partnerships in the pipeline.
  • Unit mix: 30% studios, 50% 1BRs, 20% 2BRs
  • Ability to quickly expand to 150+ units through existing partnerships.
  • Intellectual property plus industry-veteran employees & contractors support value generation and operational efficiency.

Business Highlights: This rental company provides well-designed, fully furnished homes for flexible stays, from a few nights to several months. We aim to be a home base for modern travelers, blending the comforts of home with the conveniences of hospitality. Our properties are ideal for business travelers, remote workers, or anyone in need of a temporary home.

Key features include:

  • Flexible Terms: Stays ranging from short-term to extended durations.
  • Prime Locations: Properties are situated near major venues and theater districts.
  • Comprehensive Amenities: Each home is thoughtfully equipped with a full kitchen and laundry facilities, and properties often offer amenities like gyms, free or street parking, elevators, and rooftops or balconies.

Facilities & Assets:
The company has ample inventory on hand, ready to fuel immediate expansion.

Support & training:
The current owners are willing to provide comprehensive training to ensure a smooth transition. Experienced managers and staff will remain in place to sustain daily operations.

Market & Competition:
Operations span two major Midwest markets with geographies that provide operational synergies. The company is the dominant operator in market #1 and has a growing presence in market #2 with attractive supply constraints.

Growth & Expansion:
Ability to quickly expand to 150 units through existing partnerships alone, and the ability to expand well beyond 150 units via new high-value partnerships currently in the pipeline.

Reason for selling:
The current owners have decided to sell to dedicate more time to their families and passion projects.

 

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