Receivership, Lease-up & Sale


The Challenge

arrow53 Unit Portfolio Consisting of 2 sites spread across 5 buildings



arrowREO property, with a goal to lease up and Sell as soon as possible


arrow51% physical occupancy at take-over


arrowMajor Flooding and Water Damage



The Solutions


arrowUpon take-over, staffed property immediatly


arrowImplemented cost effective, but

aggresive marketing plan to drive leasing traffic


arrowWorked closely with Income Property Organization to broker the sale of the property


arrowPrepared property for sale by maximizing revenue, dressing up grounds and common areas

The Results


arrowTake over, stabilization and sale of property achieved in 9 months




arrowAchieved 100% occupancy within 4 months of management take over




arrowSold for nearly $30,000 per unit in June '09



Stabilization & Sale

in 9 Months!

Contact Us Today to Maximize your Investments!