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DealProspect/Listings/Property

Residential Room-Rental Accommodation Business, Auckland

Property Management

ActivePropertyAucklandB2C
Asking price
$1,936,068
Disclosed · NZD
Revenue
$2,425,540
TTM
Profit
$613,356
Implied multiple
3.2×
asking / earnings
Brief
  • Residential room-rental accommodation business with a portfolio of strategically located, high-demand properties
  • Consistent income with high occupancy, targeting professional and trade tenants
  • Owner maintains an overview role across financial management, staff and tenant pipeline
  • Turnkey operation with established processes and minimal day-to-day owner input
  • Growth potential by adding more properties; vendor may retain a share to support continued growth