Short-Term Rental Property Management Company: 80+ Prime Locations
Midwest short-term rental manager with 80+ units in two markets
On NextCompany since September 3, 2026 (42 days)
Location undisclosed
Business overview
This operator manages short-term rentals across two major Midwest markets. It runs 80+ units on a lease-based rental arbitrage model. Landlord partnerships already exist, with more in the pipeline. The mix is 30% studios, 50% one-bedrooms, and 20% two-bedrooms.
The asking price is $1,700,000. Gross revenue is $3,233,807. Cash flow is $370,885. The owners will train the buyer through the transition.
Who is a good fit for this business
- Owner-operators ready to run a Midwest short-term rental management company.
- Buyers who can complete a $1,700,000 purchase without seller financing.
- Acquirers who want existing landlord partnerships and a path to 150+ units.
- Buyers who want owner training and a staff that stays after closing.
Details
- Reason for selling
- The current owners have decided to sell to dedicate more time to their families and passion projects.
- Real estate
- Leased
Frequently Asked Questions
This company manages short-term rentals in two major Midwest markets. It serves business travelers, remote workers, and other guests who need a temporary home. Stays run from a few nights to several months. Properties sit near major venues and theater districts.
The company runs every unit on a lease-based rental arbitrage model. Landlord partnerships already exist, and more partnerships sit in the pipeline. The mix is 30% studios, 50% one-bedrooms, and 20% two-bedrooms. Each home includes a kitchen, laundry, and amenities such as gyms, parking, elevators, rooftops, or balconies.
The asking price is $1,700,000. Gross revenue is $3,233,807. Cash flow is $370,885. The owners do not offer seller financing. The company leases its properties, so a buyer does not purchase the real estate with this sale.
The owners are selling to spend more time with their families and passion projects. They will train the buyer through the transition. That training sits alongside managers and staff who remain with the company.
The company owns a brand name, a domain, and related intellectual property. Industry-veteran employees and contractors work with the business. Experienced managers and staff stay after the sale. Inventory on hand can support expansion toward 150+ units through existing partnerships.