MAXIMIZE RETURNS WITH MULTIFAMILY PROPERTY STRATEGY + MANAGEMENT
Multifamily apartment buildings are the essence of residential investment properties. However, that makes traditional apartments potentially more difficult to obtain with often increased competition from larger players. NRS’ scattered-site multifamily management abilities empower you to build a unique portfolio of smaller, more attainable multi-unit properties managed with comparable efficiencies as larger REIT-size projects. NRS has a proven multifamily track record of improving profit margins by adding value with updates, upgrades, and other increased efficiencies.
MF Service Features
Scattered-site efficiency
Value-add analysis
Amenity upgrades
Vendor management
Preventive maintenance
Emergency service center
Community portal with online rent collection
IoT-connected properties + smart package boxes
MF Service Features
Scattered-site efficiency
Value-add analysis
Amenity upgrades
Vendor management
Preventive maintenance
Emergency service center
Community portal with online rent collection
IoT-connected properties + smart package boxes
FREE Reputation Management
NRS has a proven track record of getting exceptional reviews and we can help your property do the same. We send automatic surveys after lease signings, move-ins, and work order completions to encourage 4 and 5-star reviews while the positive experience is still fresh on their minds. If we receive a 3-star review or below, our CEO personally reaches out to find out how we can make things better before they complete their online post.
FREE Market Analytics
Our property managers have intimate knowledge of market rental pricing. In addition, our market analytics and research help determine the maximum obtainable rental values and market occupancies by proposing specific ROI-focused, value-add strategies such as rebranding, amenity upgrades, IoT installation, and even smart package boxes to set your rentals apart from the competition.
FREE Revenue Management
Our mission is to maximize your return. With our custom pricing strategies, we obtain the highest possible value-added rents while stratifying lease end dates to ensure lower turnover costs, minimize scheduling issues, and shorten unit prep time. We also optimize lease term lengths to push for longer tenancy that ends in higher annual rent cycles.
FREE Website and Premium Marketing Services
Increase prospective tenant visibility and current resident satisfaction with a new responsive, search-optimized website for your NRS-managed multifamily property that prominently displays your 3D floorplans, 360 video tours, rental availability, tour scheduling, online application, and resident portal.
Multifamily Investment Analysis + Forecasting
Our investor-focused analysts will crunch the numbers to help you find the optimal value-add, forecasted revenues, expected expenses, and potential exit timing so you have a more complete picture of your rental investment property before you buy.
Asset Management + Acquisitions
Trying to finally close that multifamily project? Too many scattered-site rental properties to manage as one syndication? NRS can provide asset management solutions and acquisition services for unique rental property needs because it helps to have a teammate who’s been there before.
NRS' SUCCESS STORIES
Abby Glenn – Huntsville
Abby Glenn is a 120 unit syndication property that has won over 20 awards from the Northern Alabama Apartment Association including best managed, most improved, best maintenance, best leasing, and owner of the year. It generates the highest rents per square foot in the marketplace in its class and has increased in value by 90% over the last 10 years.
Broadway Place – Chicago
NRS implemented a new management plan for this 44 unit luxury building including upgrades, marketing, leasing, and tenant retention. We successfully increased occupancy from 88% to 97% with value-adds and renewals from 38% to 80%. Rents increased by 5% to 10% and the overall property value increased by $2.5 million in 12 months.
East End – Calumet City
East End Apartment Homes is an 144 unit, low-income apartment and townhome community that NRS took over management of and oversaw the acquisition and transition between owners. In a matter of two short months, NRS was able to increase occupancy from 82% to 98% and decreased mid-month delinquency from 35% down to 1% by month’s end.
NRS Receivership Management Program
NRS’ Receivership Management Program allows NRS to assist Florida HOAs in recouping unpaid assessments by legally collecting rent on existing leases and filling vacant units for owners who are delinquent. Funds collected are paid directly to the HOA until obligations are paid in full. This allows associations to spend significantly less on legal costs and recover debts faster, resulting in better cash flow and reduced risk.
REAL ESTATE ANALYSIS + DATA ANALYTICS
Decades of RE investing experience fueled by cutting-edge data analytics
Whether you need unique investment strategy development or specific market data analysis, our diverse team of experienced RE investing experts and data analysts can customize a tailored suite of services just for you.
Detailed cash-flow analysis
Our investor-focused analysts will crunch the numbers to deliver a more complete picture of your rental investment property before you buy.
Market analytics for property exploration
Our RE data analytics on prices, rents, demographics, local economy and more will help ensure your property’s success.
Long-term yield optimization
Our proprietary analysis helps you find the optimal value add, expected expenses, forecasted revenues and even potential exit timing.
ACQUISITIONS + ASSET MANAGEMENT
Maximize your rental portfolio yield for the long-term by a team of professional RE investment managers
Trying to finally close that multifamily project? Too many scattered-site rental properties to manage as one syndication? NRS can provide asset management solutions and acquisition services for unique rental property needs because it helps to have a teammate who’s been there before.
NRS MANAGEMENT FEATURES
MARKETING
Innovative Marketing for Increased Revenue
Massive exposure through online marketing and syndication on more than 75 websites
Stand out with stellar multimedia and technology including HDR photos, 360 video tours, and more
24/7 online showings and access via mobile and web allowing prospects to see your rental instantly
Lead automation technology meets personalized customer service which helps our leasing managers efficiently track showings and weed out unqualified prospects
LEASING + SCREENING
Faster Leasing to Qualified Tenants + Property Protection
Streamlined application process + simplified electronic leases completed online, even from a mobile phone
Extensive nationwide criminal background and credit checks + resident income verification
Experienced leasing managers with extensive training and education to lease your rental faster
Protection with customizable + landlord-friendly leases in accordance with all local, city, state and federal real estate and Fair Housing regulations, laws, and statutes
Streamlined application process + simplified electronic leases completed online, even from a mobile phone
Extensive nationwide criminal background and credit checks + resident income verification
Experienced leasing managers with extensive training and education to lease your rental faster
Protection with customizable + landlord-friendly leases in accordance with all local, city, state and federal real estate and Fair Housing regulations, laws, and statutes
MAINTENANCE
Reduce Costs with Efficient Service + Expertise
24/7 maintenance requests + emergency service center for quick work orders resolution and to reduce costly after-hours service
Experienced + dedicated on-site maintenance staff and long-term vendor relationships to handle appliance repairs, unit turnovers, renovations, and more
Detailed evaluations + mobile technology to document property condition before, during and after tenants move to ensure any damages are accounted for and rectified
ACCOUNTING + REPORTING
Detailed Communications, Reports + Statements at Your Fingertips
Access custom reports 24/7 via your NRS owner portal to securely review payment history, work order details, inspections, leases, and other documentation
Detailed monthly statements + year-end reports securely stored in the NRS owner portal for instant access as well as up-to-date account activity email alerts
Get paid faster with funds deposited electronically into your bank account at no additional cost
Access custom reports 24/7 via your NRS owner portal to securely review payment history, work order details, inspections, leases, and other documentation
Detailed monthly statements + year-end reports securely stored in the NRS owner portal for instant access as well as up-to-date account activity email alerts
Get paid faster directly to your bank account with funds deposited electronically into your bank account at no additional cost
Are multifamily apartments the best fit for your real estate investment needs?
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Terms and Conditions
Sponsoring Brokerage Principal Office: NRS REAL ESTATE PLLC dba NRS Rental Property, NRS Real Estate, 440 N Wabash Ave Suite 1, Chicago, IL 60610 (IL #481.011775)
Active Licensed IL Designated Managing Real Estate Broker: Louis Gouletas (IL #471.020544)
DISCLAIMERS
ASSUMPTION OF THE RISK: Financial investments contain inherent risks. You knowingly and voluntarily assume these risks by your own free will and accord.
NO ADVICE GIVEN: The information that is contained and provided by NRS Real Estate PLLC and in any related materials, estimates, videos, trainings, or other content is strictly for educational purposes. NRS Rental Property provides no professional, legal, tax, accounting, investment, or financial advice. You should consult with an appropriate professional before making any financial decisions. Nothing contained on our Web site constitutes a solicitation, recommendation, endorsement, or offer by NRS Real Estate PLLC or any third party to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.
When addressing financial matters, we have taken every effort to ensure that our representations are accurate. However, there is no guarantee that you will earn any money or have any results using the ideas, materials, strategies, or recommendations. We make no promise or guarantee of earnings. Instead, your results are dependent on many different factors, including your dedication, knowledge, skill, ability, and financial situation. Because factors are different for each individual, we do not guarantee your success, of any kind.
All information we provide is of a general nature and does not address the circumstances of any particular individual or entity. Nothing on the Web site constitutes professional and/or financial advice, nor does any information on the Web site constitute a comprehensive or complete statement of the matters discussed or the law relating thereto.
DISCLOSURE OF AGENCY: NRS Real Estate PLLC may have previously entered into an agreement with certain property owners to provide certain property management and real estate brokerage and agency services to such property owners. To this extent, NRS Real Estate PLLC does not act as an agent for tenants, but, rather, as the agent of the property owner.
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