For more details, please click on a subject below.

Main
Maintenance
Leasing
Accounting
Collections
Corporate History
Success Stories

Property Management: Success Stories

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 below 92%.

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 92%.

If you are interested in having Stallard manage one of your properties, please call us today at (317) 924-6256 or email us at info@stallardonline.com Our fax number is (317) 931-6031.

We look forward to the opportunity to serve you!

About Stallard  |  Employment  |  Contact Us
 
Stallard Home Page