Owning an apartment building or complex offers unique opportunities. Not only does it come with the potential for you to thrive financially, but it lets you get creative, turning a run-of-the-mill 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, and it requires 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 help apartment building owners in Hudson, Bergen, Essex, Union, and Passaic counties in New Jersey. Our services help building owners minimize risks and maximize cash flow.
The Ins and Outs of Apartment Management
Much like homeownership, when you own an apartment building, you are tasked with keeping it safe and looking nice. Ensuring your buildings are up to code requires great attention to detail and commitment, requiring you to spend more time at the property than you may have originally intended. Building management often requires you to not only pay attention to new and existing laws but also to the needs and concerns of your renters.
Cervelli Real Estate & Property Management can take on apartment management duties and clearly and effectively communicate with tenants to ensure they understand which responsibilities are theirs and which are the manager’s.
There is a wide range of tasks property managers must complete regularly. Some of the more common responsibilities of property management are:
- Ensuring the structural integrity of all units
- Keeping common areas well maintained
- Verifying all electrical, plumbing, sanitary, ventilation, heating, and other systems are operational
- Handling rental applications and rent collection
- Dealing with noisy tenants
- Making sure locks are in working order
- Ensuring every unit has working safety equipment such as smoke and carbon monoxide detectors
- Dealing with vendors
- Managing property personnel
- Responding when needed for electrical issues, pest removal, flooding, security concerns, etc.
- Keeping an eye out for general wear and tear on each unit
Why Choose a Property Management Partner?
Whether you have a single apartment building or several properties, it can be difficult to find time to handle every issue that comes up. Using a third-party property manager provides you peace of mind as your partner tends to the day-to-day operations while you focus on other tasks.
Cervelli Real Estate & Property Management works with all kinds of properties, from apartment homes to office buildings to strip malls, bringing years of experience and on-site knowledge that will take the burden off your shoulders.
Helpful property management services don’t stop at regular maintenance and upkeep, however. Our managers can screen tenants, renew leases, collect rent, create a budget for maintenance, and complete many other important tasks. We can even market your property to help ensure units aren’t empty for long.
Why Choose Cervelli Real Estate & Property Management?
At Cervelli Real Estate & Property Management, we know the complexities that come with owning property because our team has plenty of ownership experience. This means we understand and 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 how their properties are doing and strive to maintain effective and transparent communication. With 24/7 emergency service, you and your renters can trust we’ll be there should an issue arise.
Our approach is designed to help reduce risk while increasing profit, which is why we also perform intensive property inspections. This allows us to find any problems before they happen, which not only saves money but also helps prevent negative feedback from renters. Our dedication to safety and communication and our successes allow 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 deal with day-to-day operations and emergencies on your own, look to the team at Cervelli Real Estate & Property Management. Our property management services, including apartment management, have helped building owners in and around the “Gold Coast” of New Jersey for more than 30 years.
We strive to provide our partners with a tailored experience, ensuring your input and concerns aren’t overlooked. If you’re ready to turn your apartment building or commercial property into a success story without having to take care of every problem that arises, contact us today or call us at 201-868-6300.