For more details, please click on a subject below.
Pennwood Townhomes - Within 12
months of takeover from another professional management firm, increased rental
rate 25% while maintaining occupancy at 94%.
Shortridge Apartments -
Initially purchased on Land Contract in 1992. Renovated the property and
increased rental rate 67% while drastically improving the tenant base.
Saxony Court Apartments - Purchased
property from Freddie Mac in October 1995. Property had historically operated at
78% occupancy, improved occupancy to 95% within 6 months.
Meridian Plaza Apartments -
Historically the property had collections of 50% of gross rent potential.
Renovated property and maintained collection at 94% of gross rent potential.
Biltmore Apartments - Demonstrated
that 73-year-old property could compete against renovated buildings. Within 13
months increased rent 41% while maintaining occupancy at 93 percent.
Devonshire Apartments - After 8
months of Stallard Management occupancy jumped from 60% to a startling 95%.
After occupancy was maintained rent was increase 50% and occupancy never dipped
Barrington Apartments - Stallard
purchased property from a family that had owned property for 20 years. After a
cosmetic rehab increased rents 33% and occupancy increased to 95%.
St. Agnes Apartments - Stallard
purchased property 30 days before the building section 8 contracts expired.
Vacated property at the expiration of section 8 contracts and performed
renovation to get property ready for market rate tenants. Lease up exceed
expectation by 37%. Property has maintained occupancy of 92% or better.
Dawson Village Apartments - This
134-unit property was purchased out of foreclosure. Within one year a property
that tradition had occupancy of 65% was renovated occupancy has stabilized over
If you are interested in having Stallard manage one of your properties, please call us today at (317) 924-6256 or email us at email@example.com
Our fax number is (317) 931-6031.
We look forward to the opportunity to serve you!