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Updated over 2 years ago on . Most recent reply

Dave Stokley's profile image
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Dave Stokley
  • Rental Property Investor
  • from Cleveland, OH
  • Member since Jun 30, 2015
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Dave Stokley's profile image
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Dave Stokley
  • Rental Property Investor
  • from Cleveland, OH
  • Member since Jun 30, 2015
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Dave Stokley
  • Rental Property Investor
  • Cleveland, OH
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Short-Term & Vacation Rental Discussions

Does anyone have experience selling an STR management company?

Dave Stokley
  • Rental Property Investor
  • Cleveland, OH
Posted

Curious if anyone on here has ever sold an STR management company, or knows anyone that has? Same question for the sale of management contracts for individual properties.

Interested in hearing more about who is buying them, what multiples are being paid, etc. 

Thanks!

  • Dave Stokley
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    Nathan Gesner's profile image
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    Nathan Gesner
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    Nathan Gesner
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    Nathan Gesner
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    ModeratorReplied

    I sold one but it was eight years ago. I sold it for 3x EBITDA (earnings before interest, tax, depreciation, amortization). I feel like we did well with it.

    • Nathan Gesner
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