Real Property Management

Franchise Information

Analyzed filing: MN · File #327264161

Filed: Jun 10, 2026

FDD Issued: Apr 2, 2026

Extracted: Aug 24, 2026

Analyzed

Franchisor Details

Name: Real Property Management SPV LLC

Parent: Neighborly Assetco LLC

Address: 1010 North University Parks Drive, Waco, Texas 76707

Phone: (254) 745-2404

Website: www.realpropertymgt.com

Franchising Since: 2005

Industry & Qualifications

Industry

Real Estate

Veteran Discount

15.0%

Multi-Unit Discount

50.0%

Franchise Fee

$69,900

Royalty

7.0%

Ad Fund: 2.0%

Total Investment

$99K - $244K

Initial Term

10 years

Renewable

Outlet Information

Total Outlets (2025)

450

Franchised

450

Opened (Last Year)

+31

Closed (Last Year)

-28

Churn Breakdown (Last Year)

Terminations

Non-Renewals

Ceased Ops

Transfers

Reacquired

Item 19 (Financial Performance)

Disclosed

Figures represent average annual revenue per PROPERTY UNIT managed, not per-loca...

View filing:

Number	File name	Source State	Filing Date	Actions
1601199305	MN_36183-202604-01_real-property-management-spv-llc.pdf Canonical 2025 analysis · newest filing	MN	Jun 10, 2026	Restricted
327264161	MN_36183-202604-02_real-property-management-spv-llc.pdf Canonical 2026 analysis	MN	Jun 10, 2026	Restricted
1699423410	MN_34908-202510-04_real-property-management-spv-llc.pdf Alternate source copy	MN	Oct 15, 2025	Restricted
854012204	MN_34908-202510-03_real-property-management-spv-llc.pdf Alternate source copy	MN	Oct 15, 2025	Restricted
52940323	MN_34518-202507-01_real-property-management-spv-llc.pdf Alternate source copy	MN	Jul 22, 2025	Restricted
205780908	MN_34518-202507-02_real-property-management-spv-llc.pdf Alternate source copy	MN	Jul 22, 2025	Restricted
869439267	MN_33712-202504-03_real-property-management-spv-llc.pdf Alternate source copy	MN	May 7, 2025	Restricted
1650011973	MN_33712-202504-04_real-property-management-spv-llc.pdf Alternate source copy	MN	May 7, 2025	Restricted
219867	509715_Franchise__Real_Property_Management_EFDI_Virginia_219867.pdf Alternate source copy	VA	Apr 1, 2025 FDD issue date	Restricted
263412	509715_Franchise__Real_Property_Management_EFDI_Virginia_263412.pdf Alternate source copy	VA	Apr 1, 2025 FDD issue date	Restricted
249282	509715_Franchise__Real_Property_Management_EFDI_Virginia_249282.pdf Alternate source copy	VA	Apr 1, 2025 FDD issue date	Restricted
214456	509715_Franchise__Real_Property_Management_EFDI_North Dakota_214456.pdf Alternate source copy	ND	Apr 1, 2025 FDD issue date	Restricted
261914	509715_Franchise__Real_Property_Management_EFDI_North Dakota_261914.pdf Alternate source copy	ND	Apr 1, 2025 FDD issue date	Restricted
245608	509715_Franchise__Real_Property_Management_EFDI_North Dakota_245608.pdf Alternate source copy	ND	Apr 1, 2025 FDD issue date	Restricted
216807	425224_Franchise__Real_Property_Management_EFDI_South Dakota_216807.pdf Alternate source copy	SD	Apr 1, 2025 FDD issue date	Restricted
638303	638303_real-property-management-spv-llc.pdf Alternate source copy	WI	Apr 1, 2025 FDD issue date	Restricted
347619692	MN_32032-202407-03_real-property-management-spv-llc.pdf Alternate source copy	MN	Jul 16, 2024	Restricted
101049557	MN_31358-202404-02_real-property-management-spv-llc.pdf Canonical 2024 analysis	MN	May 23, 2024	Restricted
1978960023	MN_31358-202404-01_real-property-management-spv-llc.pdf Alternate source copy	MN	May 23, 2024	Restricted
139313	509715_Franchise__Real_Property_Management_EFDI_Virginia_139313.pdf Alternate source copy	VA	Apr 1, 2024 FDD issue date	Restricted
164925	509715_Franchise__Real_Property_Management_EFDI_Virginia_164925.pdf Alternate source copy	VA	Apr 1, 2024 FDD issue date	Restricted
138365	509715_Franchise__Real_Property_Management_EFDI_North Dakota_138365.pdf Alternate source copy	ND	Apr 1, 2024 FDD issue date	Restricted
163688	509715_Franchise__Real_Property_Management_EFDI_North Dakota_163688.pdf Alternate source copy	ND	Apr 1, 2024 FDD issue date	Restricted
62262	509715_Franchise__Real_Property_Management_EFDI_Virginia_62262.pdf Canonical 2023 analysis	VA	Apr 1, 2023 FDD issue date	Restricted
59935	509715_Franchise__Real_Property_Management_EFDI_North Dakota_59935.pdf Alternate source copy	ND	Apr 1, 2023 FDD issue date	Restricted
64530	425224_Franchise__Real_Property_Management_EFDI_South Dakota_64530.pdf Alternate source copy	SD	Apr 1, 2023 FDD issue date	Restricted
24588	509715_Franchise__Real_Property_Management_EFDI_Virginia_24588.pdf Alternate source copy	VA	Apr 1, 2022 FDD issue date	Restricted
15254	509715_Franchise__Real_Property_Management_EFDI_North Dakota_15254.pdf Canonical 2022 analysis	ND	Apr 1, 2022 FDD issue date	Restricted
11379	509715_Franchise__Real_Property_Management_EFDI_Virginia_11379.pdf Alternate source copy	VA	Jan 4, 2022 FDD issue date	Restricted
11162	509715_Franchise__Real_Property_Management_EFDI_Maryland_11162.pdf Alternate source copy	MD	Jan 4, 2022 FDD issue date	Restricted
11041	509715_Franchise__Real_Property_Management_EFDI_North Dakota_11041.pdf Alternate source copy	ND	Jan 4, 2022 FDD issue date	Restricted

Showing 1–31 of 31 files.