SeeBITDAOklahoma

Second Chance Apartments

Rental and Leasing Services
  • 2321 NW 13th St, Oklahoma City, OK
  • Since 1998
  • NAICS 532
Estimated valueLow confidence
$2.9M
$739Klikely range$5.3M
About 3.8× its yearly profit, typical for a company this size in its industry.
Revenue
$1.9M
a year
Profit (EBITDA)
$757K
41% of revenue
Employees
—
not reported
Leadership
Owner not found yet
We haven't found the owner in public records
Some signs of a sale

How we got $2.9M

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical rental and leasing services business in Oklahoma$1.9M
Revenue$1.9M
× 41% profit margin$757K
× 3.8 sale multiple = value$2.9M

· Own this business? Correct these figures

What we know

No PPP loan
No 401(k) filing
No reported financials
Company website
Owner not found

Signs of a sale Some signs of a sale

  • In business 28 years (since 1998)

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

What they do

Second Chance Apartments is an apartment locator team that helps renters with bad credit, broken leases, evictions, misdemeanors or felonies find Oklahoma City-area apartments willing to accept their applications.

Products & services
Apartment Rental ServicesCriminal Background Friendly ApartmentsBroken Lease ApartmentsBad Credit ApartmentsApartments That Accept EvictionsEssential Services
Markets served
individuals and families
Service area
Oklahoma CityEdmontonNormanMustangMidwest CityYukonPiedmontChoctaw
Certifications
licensed broker

From the company's website. Industry: Rental and Leasing Services.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Second Chance Apartments
this business
$1.9M$757K—
SAZHIN ENTERPRISES INC
Oklahoma City · 1 employees
$356K$133K0.5 mi
VIS-A-VIS REALTY LLC
Oklahoma City · 2 employees
$1.1M$358K0.6 mi
HISTORIC DREAM HOMES INC
Oklahoma City · 1 employees
$554K$207K0.7 mi
OLIVER MANAGEMENT INVESTMENTS, LLC
Oklahoma City · 6 employees
$1.2M$393K0.7 mi
U-Haul Neighborhood Dealer
Oklahoma City
$1.9M$757K0.7 mi
Equity Home Builders Inc
Oklahoma City
$966K$309K0.7 mi

The full calculation

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$2.9M
Multiple for this size and industry3.8×
Value range$739K – $5.3M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Rental and Leasing Services businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (41%). Treat these as a rough guide.

Revenue range$598K – $2.8M
EBITDA range$243K – $1.2M
Industry (NAICS)Rental and Leasing Services (532)

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. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology

History & advisors

Founded 1998
“Yes — we have been helping renters since 1998 in the Oklahoma City area.”

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.

Public records

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

About Second Chance Apartments

Second Chance Apartments is a rental and leasing services company in Oklahoma City, Oklahoma, in business since 1998. Its estimated annual revenue is about $1.9M, with roughly $757K of EBITDA. Its estimated business value is $2.9M (likely range $739K–$5.3M).

Common questions

Who owns Second Chance Apartments?
The owner of Second Chance Apartments isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
How much revenue does Second Chance Apartments make?
SeeBITDA estimates Second Chance Apartments's annual revenue at about $1.9M (likely between $598K and $2.8M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Second Chance Apartments worth?
About $2.9M, roughly 3.8× its estimated EBITDA of $757K, typical for a rental and leasing services company its size. Likely range: $739K–$5.3M.
When was Second Chance Apartments founded?
Second Chance Apartments has been in business since 1998.