Pineview Apartments

Opportunity

At acquisition, the property suffered from deferred maintenance, lack of market identity, poor credit quality of tenants, delinquency and economic vacancy.

• A new management office was placed in one of the street front vacant commercial spaces.
• New property, building and directional signage was added everywhere.
• Building exteriors received new entrance facades, exterior lighting and shutters.
• All interior stairways received new light fixtures and flooring.
• New landscape beds were added at the entrances.
• Electrical switch gear was replaced on 3 of the 6 buildings.
• Significant concrete and asphalt repairs and replacement were completed.
• New credit and rent collection standards were enforced.
• The largest building received a complete exterior renovation that included new siding, roof, soffit and facia board, gutters and paint.
• A property website was created with professional photographs, aerials images and 3d floor plans.