PRIME REAL ESTATE COMPANY
Seller:
Attn:
Dave Long
Location:
Not Disclosed, AZ, USA
Listing Number:
"L708DL"
Overview of the Business:
This Real Estate Franchise Company has been in the top two competitive position for the past several years. They have a state of the art office with 58 very experienced, full time agents that do both commercial and real estate transactions. They currently have over 265 listings with about 90% of them residential properties.
Property Features and Assets:
4,800 square feet building leased at $11,700 per month. 1.5 years remaining on lease with option available.
Market Competition and Expansion:
For a very competitive market, this company has reached #1 market share, and it's reputation is that of the most respected and professional company in the entire area. The current real estate market is soft and will likely continue to stay at this level into the next year. Prescott, however, remains a magnet and a popular destination for the seasonal visitor, the semi-retired, the self employed, and the retiree. The general feeling in the community is that the real estate market will rebound in the next year or two and the need for real estate services will always be strong.
Additional Details:
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