Thinking About Selling Your Property Management Company?

We’re fellow property managers right here in Charlottesville—ready to help you exit on your terms while protecting the business, people, and legacy you’ve built—whether you’re at $100K or $10M+ in annual revenue.

Get My Instant Business Valuation

460+ Deals

That track record gives us the backing and process to get your deal across the finish line.

400+ Buyers

Those relationships mean PMI Commonwealth buys directly and structures a win‑win for a smooth local exit.

$50 Million

That growth goal gives PMI the resources to move fast with a strong, competitive offer.

Why Local PM Owners Trust PMI Commonwealth With Their Exit?

Local Buyer, Local Legacy

We already manage properties in Charlottesville, so we understand your market and value the relationships you’ve established. We’re here to grow what you started, not replace it.

Zero Broker Fees

We’re not brokers. We’re property managers expanding our portfolio. That means no commissions, hidden charges, or sales pressure. Just a fair, straightforward offer tailored around helping you reach your goals.

Proven Close Rate

PMI has closed 460+ acquisitions with a 99% LOI‑to‑close success rate. This means your deal can move forward with confidence and clarity, ensuring your deal always stays on track.

Hands‑On Guidance

Our acquisitions specialists personally walk you through every step so you can sell with total confidence—no pressure, no surprises.

Your 3-Step Path to a confident exit

Average timeline: ≈90 days from valuation to close.

Instant Valuation

Receive an instant, data‑driven estimate of your company’s value the moment you complete our short form.

Meet Your Buyer

Let’s connect virtually or over coffee to get to know each other. If it feels right, we’ll outline next steps—no middlemen, no pressure.

Close in 90 Days

Once due diligence is done, we finalize terms, transfer the portfolio, and you move on to your next adventure.

Questions About Selling? We’ve Got You.

Why would I consider selling my property management business to PMI?

PMI specializes in acquiring established, local management companies while preserving your legacy, your team, and your client relationships. Our national brand, systems, and support help ensure a smooth transition for everyone involved.
Will my information stay confidential?

Absolutely. All conversations are private and owner-only. We never share or publish details about your company without written consent and will always sign an NDA.
How does the valuation process work?

It starts with a confidential conversation to understand your portfolio, revenue mix, and operations. From there, we provide a fair market valuation based on industry benchmarks and your unique business metrics.
What if I’m not ready to sell yet?

That’s perfectly fine. Many owners talk with us months—or even years—before they’re ready. Starting the conversation early helps you understand your options and plan your ideal exit on your timeline.
How long does the sale process usually take?

Most transactions close within 60–120 days, depending on due diligence and structure. Our experienced team guides you through each step to keep things moving smoothly.
Will my staff or clients be affected?

We prioritize continuity. Our goal is to keep your team and clients supported throughout the transition so service levels remain strong and relationships stay intact.
What types of property management businesses does PMI buy?

We’re interested in residential, association (HOA), short-term rental, commercial, and multifamily management companies generating $1M–$5M in annual revenue.

Meet Our Team

Meet the local acquisition team behind PMI Commonwealth—we’ve walked in your shoes.

Michael Johnson

Managing Agent

Michael R. Johnson has more than 24 years’ experience in various disciplines of the real estate industry such as asset management, property management and tenant and landlord representation. A 1990 graduate of San Diego State University, Michael’s first work experience involved the management and leasing of several Class A commercial assets located in the Greater San Diego Metropolitan Area.

After earning an MBA from Holy Names University in 2000, Michael moved to Los Angeles where he transitioned into asset management for a pension fund advisory firm, overseeing a national portfolio of commercial real estate stretching from New York to Los Angeles. In 2010, Michael moved to Virginia where he was a commercial real estate advisor representing landlords and tenants throughout the Mid Atlantic Region. Currently, Michael is President of Property Management Inc. Charlottesville, a real estate company located in Charlottesville, Virginia.

Exposure to various business cultures and widely divergent professionals has allowed Michael to develop an exceptional foundation in business development, sales, management, marketing and franchising with an ability to make the best possible use of his personal network. Michael has had the opportunity to participate in a variety of sales training courses and workshops which has allowed Michael to broaden his knowledge and experience within the commercial real estate industry.

In addition to earning his BA from San Diego State University and an MBA from Holy Names University, Michael has a District of Columbia Property Manager License and holds a real estate license from the State of Virginia, Maryland and Washington DC. He was awarded the designation of Real Property Administrator (RPA) from the Building Owners and Managers Association (BOMA) and is a member of the Charlottesville Area Association of Realtors (CAAR), Institute of Real Estate Management (IREM), International Council of Shopping Centers (ICSC) and NAIOP. Contact us for more information or to find out how Property Management Inc. Charlottesville can help you achieve your personal and/or professional goals. We can manage residential property, commercial property, HOA or your portfolio of properties. We look forward to hearing from you.

Aaron McElhiney

EXECUTIVE DIRECTOR, ACQUISITIONS

Aaron knows the fastest way to grow a real estate management business is through acquisitions. Having spent the majority of his career as an asset manager in the residential and commercial markets, Aaron uses his expertise to guide PMI property managers through the entire acquisition process from lead sourcing to closing the deal and every step in between. The most exciting part of his job is seeing PMI franchisees growing their business with successful acquisitions.

Hunter Goodall

ASSOCIATE, Acquisitions

Hunter specializes in helping clients acquire small businesses, having personally sourced over 90 off-market deals and contributed to closing more than 60 transactions in the past year. With an MBA in Finance and a Bachelor’s in Business Entrepreneurship, Hunter guides clients through every step of the acquisition process—from sourcing and valuation to negotiations, due diligence, and finalizing purchase agreements. Hunter is always ready to discuss opportunities with business owners looking to sell or retire.