Southridge Apartments, Inc
How we got $33.7M
Based on 60 employees reported for PPP in 2020, grown at the industry's Oklahoma rate since.
What we know
Estimated value over time
▼ 1% 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.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| SOUTHRIDGE APARTMENTS, INC this business | $30.0M | — |
| SOUTHRIDGE APTS MANAGEMENT, LLC Kingfisher | $1.6M | 1.0 mi |
| SOUTHRIDGE APARTMENTS MANAGEMENT LLC Kingfisher · 9 employees | $2.3M | 2.4 mi |
| WITTROCK REALTY EXPERTS LLC Okarche · 5 employees | $1.8M | 6.5 mi |
| SCHIEBER LAND SERVICES, LLC Okarche · 1 employees | $559K | 10.3 mi |
| SCOTT PARROTT, LLC Cashion · 1 employees | $503K | 14.8 mi |
| DONNELL ENTERPRISES INC. Piedmont · 1 employees | $561K | 16.5 mi |
The full calculation
| Employees reported to the SBA | 60 |
| Industry revenue per employee | $233K |
| Revenue = employees × revenue per employee | $30.0M |
| EBITDA margin (industry, adjusted for size) | 22% |
| EBITDA = revenue × margin | $6.5M |
| Cross-check: revenue implied by PPP payroll | $3.5M |
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 | $33.7M |
| Multiple for this size and industry | 5.2× |
| Value range | $16.0M – $47.9M |
| Revenue range | $17.8M – $35.5M |
| EBITDA range | $3.8M – $7.7M |
| Industry (NAICS) | Other Activities Related to Real Estate (531390) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
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
Advisors
- BankingF & M 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 Roles are as stated there and may be out of date.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
| F & M Bank PPP 2020 | All 379 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 | $159K | 60 |
About Southridge Apartments, Inc
Southridge Apartments, Inc is an other activities related to real estate company in Kingfisher, Oklahoma. Its estimated annual revenue is about $30.0M, with roughly $6.5M of EBITDA. It has about 60 employees. Its estimated business value is $33.7M (likely range $16.0M–$47.9M).
Common questions
- Who owns Southridge Apartments, Inc?
- The owner of Southridge Apartments, Inc 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 Southridge Apartments, Inc make?
- SeeBITDA estimates Southridge Apartments, Inc's annual revenue at about $30.0M (likely between $17.8M and $35.5M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Southridge Apartments, Inc worth?
- About $33.7M, roughly 5.2× its estimated EBITDA of $6.5M, typical for a other activities related to real estate company its size. Likely range: $16.0M–$47.9M.
- How many employees does Southridge Apartments, Inc have?
- About 60, as reported on its PPP loan.