PROPERTY MANAGEMENT
Taking Your Property to the Next Level
We have over 21 years of apartment management experience in Minnesota. With over 15 communities in the twin cities metro and surrounding areas, we are confident we can take your property to the next level with great curb appeal, award winning marketing that fills units fast, customer service that wows residents and a strong focus on solid financial reporting.In contrast to most "profit centric" development firms, our primary objective is to maintain the highest level of customer satisfaction possible. Putting people first-whether our tenants, partners, owners or team members-has proven to be a winning business strategy.
We are happy to put a detailed proposal together based on your management requirements. It is our job to take the headache out of day to day management while you focus on growing your portfolio.
Technology and Convenience
To provide the highest level of service, we utilize a convenient, easily accessible software solution. The software allows us to more efficiently manage day-to-day issues, such as resident screening, rent collection, and maintenance issues, which ultimately leads to cost savings and portfolio growth. Also, you can access owner statements and other important information through the Owner Portal.
Contact us to learn more.
Our Property Management Services
Setting the Price
We perform a detailed rental market analysis of your property including neighborhood factors and current market conditions and use this information to determine the most competitive price.
Finding a Resident
Your property is aggressively marketed through multiple avenues. We also network with agents from other firms who specialize in working with renters, and with local corporate relocation contacts who assist individuals moving into our area.
Rental Agents
We have our own staff of leasing agents, skilled professionals who specialize in showing rental property, are good at evaluating residents' needs, stay informed of all Fair Housing codes, and will present your property in its best light.
Rent Collection
We believe in actively communicating with residents to prevent various situations that may arise from becoming collection issues. In the event of a problem our timely procedures assure you of minimum income loss.
Inspection Schedule
An extensive report is generated prior to resident occupancy, noting the interior and exterior condition of the apartment. Comprehensive interim inspections are conducted throughout tenancy with a final inspection being made after residents have vacated.
Accounting
You will receive a monthly statement as well as a year-end income and expense summary. All invoices which we have paid on your behalf are posted to your account.
Maintenance/Repairs
Deferred maintenance can be very costly in the long run so we make every effort to prevent small problems from becoming bigger ones. For major repairs we solicit bids for your review and selection. We work hard to find competitive prices for quality work.
Property Marketing
Marketing your property to potential renters and residents is important. In today's digital world, listing services is just the beginning. We work with you to create a comprehensive plan to meet the needs of your unique property utilizing many different outlets including Matterport scanning and in-house photography.
Investment Information
We can assist you in evaluating your real estate investments through market analysis and our extensive experience. If you are planning to buy a rental property, let us have the opportunity to evaluate it before you make your final decision.
Nexus Case Study
The Avenue Apartments in Brooklyn Center
Located in Brooklyn Center on the edge of a residential neighborhood. It is a 36 unit community that Nexus Real Estate Services was hired to complete a full-scale renovation and long-term management on the property.
Nexus has a special way of doing things; I call it the "right way". Their knowledge of the industry combined with professionalism and business aptitude makes Nexus a rare gem. During the last two years I have watched Nexus overcome and surpass any challenges and goals set for themselves. The team of property management professionals consistently delivers an impressionable performance, based on quality of the projects, occ…
I have had the pleasure of working with Nexus on several successful apartment renovation projects. Under Mike's leadership, each project was completed within budget and the end result was a clean, professionally managed community. Mike is a knowledgeable entrepreneur and a great asset to the industry and I would recommend Nexus' services to any owner/company looking to maximize their asset.
Nexus has been fantastic to work with. They have a great understanding of what it takes to accomplish real financial success and investor return at your properties. Nexus is truly focused on exceeding net operating income targets and investment return. At the same time, it is a creative marketer. Nexus is able to think outside of the box to achieve property lease up and above average resident retention. They are totally o…
I truly appreciate the relationship I’ve been able to build with Nexus the past couple of years and I’m impressed with Mike's drive to bring new technologies and efficiencies to Nexus. He's truly an asset to his company and to the multi-family industry.
Nexus has stepped up to the plate with an affordable management service that has met every need. The management has handled customer relations with an effective personal touch. The management was able to staff up to take over management on the first day. They handled an overnight emergency two weeks into their service by assuming on-site presence immediately and informing owners within hours.
Nexus Real Estate Services and Team have worked with Carpathian Capital since 2012 completing two successful value add projects. One project recently achieved a 171% ROI and 51% rent growth, we highly recommend Nexus and team based on their performance.
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