SeeBITDAOklahoma

Bergen Property Management, LLC

Residential Property Managers
Estimated valueMedium confidence
$609K
$321Klikely range$834K
About 2.4× its yearly EBITDA, typical for a company this size in its industry.
Revenue
$678K
a year
EBITDA
$254K
37% of revenue
Employees
2
reported in 2020
Leadership
Jessica Bergen-Elliot
Founder · source · confirmed by 2 sources
Some signs of a sale
  • Robert Decker
    Team member in charge of all maintenance issues and light re · Company website

How we got $609K

Based on its 2 employees and its payroll, both reported for PPP in 2020 and brought up to date.

2 employees × $285K each$570K
PPP payroll ÷ payroll's usual share of revenue$621K
Shown toward the top of its range×1.14
Revenue$678K
× 37% EBITDA margin$254K
× 2.4 sale multiple = value$609K

Own this business? Correct these figures

Estimated value over time

▲ 23% since 2020
$0$350K$701K20202026

Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner named

Signs of a sale Some signs of a sale

  • In business 22 years (since 2004)
  • Founder still runs it after 22 years

From public records and the company's website, not a statement that it's for sale.

What they do

Bergen Properties is a locally owned and operated property management company offering house leasing in Norman, Oklahoma. It says it provides honest, simple leasing with full-time maintenance staff.

Service area
Norman, Oklahoma

From the company's website. Industry: Residential Property Managers.

Compared with similar businesses nearby

BusinessEst. revenueEst. EBITDADistance
BERGEN PROPERTY MANAGEMENT, LLC
this business
$678K$254K—
2350 MCKOWN DRIVE, LLC
Norman · 1 employees
$652K$244K0.3 mi
ARTEMIS ENTERPRISES, LLC
Norman · 1 employees
$652K$244K0.3 mi
Neighborhood Services Corporation
Norman
$1.9M$558K0.3 mi
SAM B. ROSE OIL & GAS PROPERTIES, INC.
Norman · 3 employees
$1.1M$357K0.4 mi
SLR 150TH AND PENN LLC
Norman · 2 employees
$1.1M$358K0.4 mi
SLR NORMAN TECUMSEH LLC
Norman · 2 employees
$1.1M$358K0.4 mi

Ranges & sources

Revenue range$446K – $773K
EBITDA range$167K – $289K
Industry (NAICS)Residential Property Managers (531311)
Value range$321K – $834K

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

History & advisors

Founded 2004 by Jessica Bergen-Elliot
“Bergen Property Management is a Norman based company that was formed in 2004.”

Advisors

  • BankingArmstrong BankPPP / SBA lender

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

Banking relationships

Armstrong Bank
PPP 2020
All 1,355 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/6/2020first$16K$16K2Armstrong Bank

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Bergen Property Management, LLC

Bergen Property Management, LLC is a residential property managers company in Norman, Oklahoma, in business since 2004. It is owned by Jessica Bergen-Elliot (Founder). Its estimated annual revenue is about $678K, with roughly $254K of EBITDA. It has about 2 employees. Its estimated business value is $609K (likely range $321K–$834K).

Common questions

Who owns Bergen Property Management, LLC?
Bergen Property Management, LLC is owned by Jessica Bergen-Elliot (Founder), according to public sources such as the company's website or filings.
How much revenue does Bergen Property Management, LLC make?
SeeBITDA estimates Bergen Property Management, LLC's annual revenue at about $678K (likely between $446K and $773K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Bergen Property Management, LLC worth?
About $609K, roughly 2.4× its estimated EBITDA of $254K, typical for a residential property managers company its size. Likely range: $321K–$834K.
How many employees does Bergen Property Management, LLC have?
About 2, as reported on its PPP loan.
When was Bergen Property Management, LLC founded?
Bergen Property Management, LLC has been in business since 2004.