Sandcastle Apartments
426 units. Corpus Christi, Texas |
Country Club Villas
362 units. Amarillo, Texas |
Professional Property Management
HPA professionally managed and rehabilitated the Sandcastle Apartments, Corpus Christi, Texas, a 426 unit garden apartment community, from 1988 to 1991. The rehabilitation costs of $500,000. resulted in an increase in annual Net Operating Income of $285,000. and an increase in value of $3,000,000. which was realized through a sale of the property.
HPA managed other properties for institutional owners during the same period. All of the properties under management led their respective markets in rental rates relative to the property's position in the market, after improved maintenance, curb appeal, varying degrees of rehabilitation, and improved marketing and leasing practices. Country Club Villas in Amarillo, Texas, (right photo) went from 80% to 95% occupancy in about 45 days by employing these strategies.
HPA now manages only properties in which it has a partnership interest, however, our management experience enables us to assist you in identifying and evaluating investments, and maximize the value of your property when selling. Also, we will consult with you on marketing and management issues on a fee basis.
HPA conducted marketing seminars for multi-family managers and owners in the early 90's.. Many of the techniques taught in these courses are still employed today by those in attendance.
Properties Managed or Consulted on by Harry Hallows (Click here)
HPA managed other properties for institutional owners during the same period. All of the properties under management led their respective markets in rental rates relative to the property's position in the market, after improved maintenance, curb appeal, varying degrees of rehabilitation, and improved marketing and leasing practices. Country Club Villas in Amarillo, Texas, (right photo) went from 80% to 95% occupancy in about 45 days by employing these strategies.
HPA now manages only properties in which it has a partnership interest, however, our management experience enables us to assist you in identifying and evaluating investments, and maximize the value of your property when selling. Also, we will consult with you on marketing and management issues on a fee basis.
HPA conducted marketing seminars for multi-family managers and owners in the early 90's.. Many of the techniques taught in these courses are still employed today by those in attendance.
Properties Managed or Consulted on by Harry Hallows (Click here)
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