Melrose Realty, LLC
How we got $1.2M
Based on its 5 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
What they do
Melrose Realty is an Oklahoma City based real estate company offering residential real estate sales and property management throughout the Oklahoma City metro, with select commercial real estate services.
From the company's website. Industry: Residential Property Managers.
Customers & suppliers
Possible customers nearby
The largest businesses within about 60 miles in the markets its website says it serves.
- BENNETT CONSTRUCTION, INC. · Oklahoma City, 9 mi · $790.7M
- H.C. EMPLOYEES LLC · Moore, 22 mi · $196.3M
- FUENTES CONCRETE CONSTRUCTION · Edmond, 5 mi · $177.3M
- IDEAL HOMES OF NORMAN, LP · Norman, 30 mi · $163.8M
- TABER BUILT HOMES, LLC · Oklahoma City, 4 mi · $135.0M
Estimated value over time
▲ 23% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▼ 40% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 5 | $615K |
| 2020 | Form 5500 | 1 | $123K |
| 2021 | Form 5500 | 4 | $492K |
| 2022 | Form 5500 | 3 | $369K |
| 2023 | Form 5500 | 3 | $369K |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| MELROSE REALTY, LLC this business | $1.7M | — |
| Uni-City Mobile Home Park Edmond | $798K | 0.7 mi |
| MEADOWS OIL AND GAS, CORP. Edmond · 2 employees | $922K | 0.8 mi |
| SUPERIOR TITLE SERVICES, INC Edmond · 8 employees | $2.2M | 0.8 mi |
| NESTED TOURS LLC Edmond · 14 employees | $5.1M | 0.9 mi |
| HISWOOD PROPERTIES LLC Edmond · 1 employees | $533K | 0.9 mi |
| ROBIN HARRIS REAL ESTATE LLC Edmond · 1 employees | $531K | 0.9 mi |
The full calculation
| Employees reported to the SBA | 5 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.1M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $2.1M |
| Estimate: the two combined (geometric mean) | $1.7M |
| EBITDA margin (industry, adjusted for size) | 29% |
| EBITDA = revenue × margin | $498K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $1.2M |
| Multiple for this size and industry | 2.4× |
| Value range | $629K – $1.6M |
| Revenue range | $1.1M – $2.0M |
| EBITDA range | $327K – $567K |
| Industry (NAICS) | Residential Property Managers (531311) |
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
People & advisors
Leadership
- SHShilo HallDirector of Operations · Company website · source
- JKJasmyne KnightonDirector of Accounting & Owner Services · Company website · source
Advisors
- BankingNBC Oklahoma, Equity 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
| Equity Bank 504 2022 | All 375 borrowers → |
| NBC Oklahoma PPP 2020 | All 526 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $63K | 5 |
Public records
| Apr 2022 | 504 | $213K |
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Melrose Realty, LLC
Melrose Realty, LLC is a residential property managers company in Edmond, Oklahoma, in business since 2016. It is owned by Jake Floresca (Founder & Broker). Its estimated annual revenue is about $1.7M, with roughly $498K of EBITDA. It has about 3 employees. Its estimated business value is $1.2M (likely range $629K–$1.6M).
Common questions
- Who owns Melrose Realty, LLC?
- Melrose Realty, LLC is owned by Jake Floresca (Founder & Broker), according to public sources such as the company's website or filings.
- How much revenue does Melrose Realty, LLC make?
- SeeBITDA estimates Melrose Realty, LLC's annual revenue at about $1.7M (likely between $1.1M and $2.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Melrose Realty, LLC worth?
- About $1.2M, roughly 2.4× its estimated EBITDA of $498K, typical for a residential property managers company its size. Likely range: $629K–$1.6M.
- How many employees does Melrose Realty, LLC have?
- About 3, from its 2023 retirement-plan filing.
- When was Melrose Realty, LLC founded?
- Melrose Realty, LLC has been in business since 2016.