Owning an apartment building or complex offers unique opportunities. Not only does it provide the potential for financial success, but it also allows you to get creative, transforming an ordinary living space into an exciting opportunity for prospective residents. You’ll have the chance to meet tenants from all walks of life. However, apartment management is a lot of work, requiring energy and experience to make your building a success.
That’s where the team at Cervelli Real Estate & Property Management comes in. Our family-owned and operated company is here to assist apartment building owners in New Jersey and New York. Our services help building owners minimize risks and maximize after tax cash flow.
The Ins and Outs of Apartment Management
Much like homeownership, owning an apartment building means ensuring it is safe and well-maintained. Keeping your buildings up to code requires great attention to detail and commitment, often demanding more time at the property than you may have originally intended. Building management involves not only staying updated on new and existing laws but also addressing the needs and concerns of your renters.
Cervelli Real Estate & Property Management can handle apartment management duties and communicate clearly and effectively with tenants to ensure they understand their responsibilities versus those of the manager.
Property managers must regularly complete a wide range of tasks. Some common responsibilities include:
- Ensuring the structural integrity of all units
- Maintaining common areas
- Verifying all electrical, plumbing, sanitary, ventilation, heating, and other systems are operational
- Handling rental applications and rent collection
- Addressing noisy tenants
- Ensuring locks are in working order
- Ensuring every unit has working safety equipment such as smoke and carbon monoxide detectors
- Coordinating with vendors
- Managing property personnel
- Responding to electrical issues, pest removal, flooding, security concerns, etc.
- Monitoring general wear and tear on each unit
Why Choose a Property Management Partner?
Whether you have a single apartment building or multiple properties, it can be challenging to handle every issue that arises. Using a third-party property manager provides peace of mind as your partner manages day-to-day operations, allowing you to focus on other tasks.
Cervelli Real Estate & Property Management works with various properties, from apartment homes to office buildings to strip malls, bringing years of experience and on-site knowledge to ease your burden.
Our property management services go beyond regular maintenance and upkeep. Our managers can screen tenants, renew leases, collect rent, create maintenance budgets, and complete many other important tasks. We can even market your property to minimize vacancy periods.
Why Choose Cervelli Real Estate & Property Management?
At Cervelli Real Estate & Property Management, we understand the complexities of property ownership because our team has extensive ownership experience. This means we anticipate the needs of other owners. Our staff has over 175 combined years of experience and holds Certified Property Manager (CPM), Certified Commercial Investment Member (CCIM), Certified Apartment Manager (CAM), and Certified Professional of Occupancy (CPO) designations.
We offer extensive financial reports to give owners a monthly overview of their properties’ performance and strive to maintain effective and transparent communication. With 24/7 emergency service, you and your renters can trust we’ll be there if an issue arises.
Our approach is designed to reduce risk while increasing profit, which is why we perform intensive property inspections. This allows us to identify problems before they occur, saving money and preventing negative feedback from renters. Our dedication to safety, communication, and success allows owners to feel confident for years to come.
Reach Out to Cervelli Real Estate & Property Management Today
If you own one or more apartment buildings or other properties and don’t have the time to manage day-to-day operations and emergencies, look to the team at Cervelli Real Estate & Property Management. Our property management services, including apartment management, have supported building owners in New Jersey and New York for over 30 years.
We strive to provide our partners with a tailored experience, ensuring your input and concerns are prioritized. If you’re ready to turn your apartment building or commercial property into a success story without handling every problem that arises, contact us today or call us at 201-868-6300.
