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 84 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.

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

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. 

Are multifamily apartments the best fit for your real estate investment needs?

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NRS is not acting as an investment advisor, advising on securities, nor utilizing this communication to provide investment or other advice. No information or material available through this communication shall constitute investment advice. This communication shall not be used or considered as an offer to sell or a solicitation of any offer to buy securities of any product. Offers can only be made where lawful under and in compliance with applicable law. NRS does not provide investment advisory, tax, legal or financial services, and recommends that you consult a licensed accounting, tax, real estate, legal or investment professional to perform independent analysis before making decisions regarding the purchase or sale of real estate.

NRS Rental Property Management may have previously entered into an agreement with property investors/owners (clients) to provide certain property management and real estate services to the property investor/owner. Licensed real estate agent/broker may not be acting as your agent but as the agent of the property investor/owner.© Copyright NRS Rental Property. All Rights Reserved.

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