Like the railroad platform that spins train cars in
a new direction, Wheelhouse Apartments™ Management repositions your multifamily property for increased value and cash flow.
- Our clients' properties enjoy an average economic occupancy that's 13% higher than the market.*
- Our stabilized managed portfolio boasts operating expenses 15% lower than the market, and an average NOI 15% higher than the market.**
- Wheelhouse increased the annual net property income of one client's property by $60,000 over 1 year, for a $857,000 increase in building value.***
03.01.2013 : Wheelhouse Apartments Adds 140 Units to Management Portfolio
10.15.2012 : Free Seminar Oct 30: Impact of New Apartment Development in Denver
09.24.2012 : Wheehouse Apartments: New Business Update
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* Annualized from Q3 2010; data from Denver Metro Area Apartment Vacancy & Rent Survey, Q3 2010. ** Institute of Real Estate Management 2010 Income/Expense Analysis. *** Asset value uses a 7% cap rate.
Wheelhouse Apartments provides central Denver apartment owners with expert multifamily property management, cost-effective renovations, and long-term strategic planning for increased cash flow and property value.
$15 million in previous renovation projects + 40 leased multifamily buildings + 50 years of combined multifamily management with Class A to C properties in Colorado = a unique property management experience.