Facilities & Real Estate Property Management Services
Types of property and facility management services
Before hiring a company to manage and maintain your property, it’s important to understand the types of facilities or property management services they offer. Having an understanding will help you determine if you need help from a property management company. Property management services are completely custom to each client and our experts share insights to help Iowans like you.
Commercial Property Management
Owning and operating a commercial property takes a lot of time you might not have. Our commercial property management services help owners of commercial rental properties by facilitating ownership while generating maximum ROI.
There are many advantages to hiring a property management team. One of the most prominent advantages is that you’ll be able to save time and money and add value to your business. There’s never a shortage of daily tasks when managing a commercial property. That is why commercial property management companies offer such a wide variety of services.
Multifamily Property Management
As an owner of a multifamily property such as an apartment, duplex, or townhome, you have many tenants who demand your attention. If you’re finding it hard to meet their needs while staying on top of maintenance requests, Knapp Properties may be the right multifamily property management company for you.
Property management services for multifamily properties can include filling vacant units, moderating disagreements between residents, keeping up with maintenance and repairs and tracking finances. These duties will vary from client to client, depending on your specific property and needs.
Residential Property Management
The responsibilities of a residential property management are very similar to those of a multifamily property manager because multifamily establishments are identified as residential properties. These responsibilities include marketing and leasing to fill vacant units, dealing with any issues that arise amongst the residents, maintaining the property and keeping up with repairs and tracking finances.
There are many advantages to hiring a residential property management firm, including:
- They are especially beneficial if you live far away from your investment property. A property management team will take care of your investment for you.
- You can place your trust in a property management company to maximize the revenue of your property at the lowest cost possible.
- A property management team will deal with any complaints or altercations among tenants, ensuring their satisfaction and your property’s good reputation.
- Your property management team will market and fill any vacancies for you.
Facilities Management
If you invested in a facility and don’t have the time to manage it on your own, a facilities property management partner can help. It’s important to note that facilities management is quite different from property management.
While property management focuses primarily on tenant relations, occupancy management, and maintenance, a facilities property manager’s responsibilities encompass a variety of tasks. With the goal of maximizing the functionality of the space, their duties might include arranging desks in an office, coordinating moves, and overseeing the needs of the workers using the facility.
What is included in property management services?
No matter what type of property you’re invested in, property management services can be beneficial. These services are custom to each client to ensure maximum return on investment (ROI).
At Knapp Properties, we provide trusted commercial and residential property management services, so you can rest assured knowing your investment is in good hands. These services include:
- Detailed budgeting, accounting and reporting package
- Valuable analysis services for rent, expenses and other operational factors
- Responsive tenant relations to ensure satisfaction and maintain occupancy
- 24-hour professional maintenance and security services
- Pass-through savings based on Knapp Properties’ buying power and access to the entire real estate market
- Occupancy management through our brokerage team
Knapp Properties Is Here to Support You
Our experienced team will listen to your goals and design the best plan to achieve them. Whether you need management for a commercial or residential property, an owner’s association or for a different type of facility, each building is unique and Knapp Properties can provide a unique vision for each. Our knowledge of the area, expertise in the market and thoughtful consideration about each detail of the management process means that you know that you are getting the maximum return on investment.
