ilmscore | Financial Benefit of Professional Property Management Predictions
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A self-managing owner of 30 apartment units with 77% occupancy could increase their annual net income by $100,000 (after property management fees of $90,000) by hiring professional management, which would improve occupancy to the stabilized regional average of 93%.
"your carrying occupancy is 77% stabilized occupancy is 93% in our area you're losing about $185,000 ..."
Mar 12, 2025
Pending