Avenue 204
ACCESS took over management of a 120-unit complex due to deferred maintenance and steep operating expenses. Upon taking over management, we have increased occupancy, tenant satisfaction, and NOI while decreasing expense and lowering the operating expense ratio by 4%. This progress has been accomplished while repairing over three years of deferred maintenance on the property to bring it back to luxury status. This will ultimately result in increased rents and NOI for owners.
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